Arlan held an info session with Revel CPA. Visit itsaboutdamntime.com/resources to access the PDF from the discussion as you listen to the session here.
“When in doubt, apply.”
Revel CPA is an accounting firm focused on clients working in the entertainment and creative industries. They are also our accountants for Arlan's companies, and they graciously took the time to talk to us about the Small Business Administration (SBA) funding opportunities for companies and individuals during the COVID-19 crisis.
Please keep in mind that the information is changing rapidly.
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Highlights
8:03 Gina tells us that the federal government has made COVID-19 testing free for everyone
14:29 Martin reviews minor but noteworthy provisions in the Coronavirus Aid Relief and Economic
Security (CARES) Act, including student loans, employer social security tax, FHA mortgages, and
HSA/FSA deductions
20:32 Martin reviews “medium-sized” provisions, including retirement account withdrawals, loan
conditions for existing SBA 7(a) loan holders, expanded unemployment coverage, and rebate checks
28:58 How to qualify for the payroll tax credit
30:44 Information about the Economic Injury Disaster Loan (EIDL) program
33:54 Information about the Paycheck Protection Program (PPP)
Q&A
41:35 Does the PPP benefit apply to payroll that includes employees based outside the United
States?
43:11 If you are a startup that is pre-revenue, what resources are available?
44:36 Are the paid sick leave requirements additional or minimum?
45:50 How do you apply for the EIDL program?
47:34 If I applied [to the EIDL program] and I didn’t get a notice to re-apply, do I need to re-apply?
