Building Congress Event
Espresso with Carlo Featuring Grassi - A Discussion About the CARES Act
NOTE: Outstanding questions from the webinar have been sent to Grassi. Once we have received answers, we will include all questions here.
If you would like to download the Grassi powerpoint, click here.
Audience Q&A
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Question |
Time question is answered: |
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does the PPP cover Union benefits paid by Employer? |
30:09:00 |
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What about union benefits for retirement etc that employer contributes to the union. Is this considered retirement costs? |
30:29:00 |
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Hello, For the payroll cost do get to include rent and utilies? |
31:05:00 |
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Have they defined how to calculate pre corona employment levels? |
32:43:00 |
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Do they send out a confirmation that they received the EIDL loan application? I still have not heard back or saw anything from them |
33:58:00 |
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Can you please restate the time periods to compare the Pre-coronavirus numbers? |
35:33:00 |
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If a firm is forced to furlough certain employees now to protect the companies' financial position but brings the employees back before the June 30th date does the furlough jeopardize the potential forgiveness of the PPP loan amount? |
36:14:00 |
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What does furloughing mean? |
37:38:00 |
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Does the State orders for 'Stay at Home' qualify for the $511/day under FFCRA? |
41:19:00 |
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If you have employees who are not working but you have applied for ppp to keep them on the payroll, do you keep paying them right now while you wait for the ppp? |
41:31:00 |
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Do the employees need to spend their own Sick time or PTO before they can use FFCRA benefits? |
41:41:00 |
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do you recommend putting loan proceeds in a separate account? i have heard this suggested before. |
43:10:00 |
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Would union benefits fall under approved expenses to be included in the grant equation? |
44:18:00 |
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What can be done for employees that have tested positive, but making more than the 511/day that FFCRA is offering? Can they be combined with any of the other state PFL or DBL? |
44:46:00 |
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For FFCRA intermitten can these be used for employees that may be able to work part time from home, but are taking time to rest as they have tested positive? |
45:23:00 |
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is forgiveness proportional to return to pre-covid payroll count |
46:08:00 |
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Could you bring up the targetted dates from now until the end of June? |
46:43:00 |
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If employees use FFCRA (payroll tax benefit for company), can SBA loan amount be used to pay their payroll during this time and the company still benefit from from loan forgiveness of this amount? (Is there a possibility of double benefit?) |
54:50:00 |
