Paycheck Protection Program (PPP) for Self-Employed and Independent Contractor Therapists
What is a Paycheck Protection Program (PPP)?
Am I eligible for it?
How and where can I apply for one?
Emmanuel Canlas, PT, talks about the Paycheck Protection Program (PPP). What are the inclusions, who will qualify for application, how and where to apply.
In this episode:
02:45 – Introduction of Emmanuel Canlas
04:20 – What is the Paycheck Protection Program (PPP)
06:50 – Who is eligible for PPP?
09:00 – Details of PPP loan.
10:10 – What are the inclusion of the Safe Harbor Rule?
11:15 – What is an Economic Injury Disaster Loan (EIDL)?
16:00 – How do you compute for the maximum PPP loan amount?
17:30 – What are the terms of the PPP loans?
20:40 – PPP Loan Forgiveness.
23:20 – Employee Compensation Cap
26:10 – What do I need to apply for the PPP Loan?
29:40 – Tips on tracking PPP withdrawals.
34:25 – Sample PPP Loan.
40:30 – Sample PPP Loan Forgiveness.
44:50 – Pending Congressional Changes.
51:55 – Where can I apply for a PPP?
58:50 – SBA PPP form 2483.
1:09:45 – Just be patient with your application and once you have your funds, spend it wisely.
1:14:10 – What are the possible reason that I will be denied for the PPP loan?
1:16:35 – Always remember the word FAST.
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