How Does Paycheck Protection Program Work? PPP Loan Program Explained!

This video is about Paycheck Protection Program (PPP) Loan Forgiveness. It's all about the details of the PPP program. THIS APPLY TO SELF-EMPLOYED/1099 TOO! This program is to HELP you keep (or hire back) your employees. The self-employed/1099 or businesses that only hire contractors, are eligible too, to replace their average take-home pay.

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Coronavirus Money Video Series

- Applying for the 10k Grant through SBA Disaster Loan [STEP-BY-STEP]: https://youtu.be/SqKgGSJ8M9g
- Taxes extended & no longer due April 15th : https://youtu.be/dySpG8npDMg
- 7 Ways the Self-employed Can Get Covid19 Stimulus Money: https://youtu.be/28HSdR5KiA8
- Paycheck Protection Program PPP Explained: https://youtu.be/lqwyNbFy_xQ
- 6 Steps to Apply for PPP: https://youtu.be/fDITGvTvudU
- How to calculate your Average Monthly Wages for PPP loan: https://youtu.be/VVH0OYeXKvs
- Can I apply for multiple programs? (Unemployment, PPP, SBA grant & loan): https://youtu.be/ae53eSMf760
- Step-by-step How to fill out PPP loan application:

Employer: Can't pay your employees? https://youtu.be/lqwyNbFy_xQ
Employer: Payroll Tax Credits
Employer: Advance of Payroll Tax Credits Form 7200
Links from the video:

SBA Authorized Bank Search Tool: https://www.sba.gov/paycheckprotection/find
Sample SBA application: https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Application-3-30-2020-v3.pdf
Calculate Average Monthly Payroll Template: https://docs.google.com/spreadsheets/d/16G69TcSpnjctT9uesyiL49dWyKtMt6kyncLIo25fEmE/edit?usp=sharing

Got Questions? Book a Meeting With Amanda (schedule permitting): https://www.bizschool.coach/schedulemeetingwithamanda
Need help organizing your accounting & taxes? Get the free Business Spreadsheet Template and training to get accounting caught up right now! https://www.amandarussell.mba/getthebusinessspreadsheet

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Видео How Does Paycheck Protection Program Work? PPP Loan Program Explained! канала Business Finance Coach