If you're a single member LLC that's received less loan money than anticipated, you have two choices for moving forward.Sole proprietors who've applied for Paycheck Protection Program loans have struggled to receive proper funding due to the structure of their businesses. They've been forced to either take a gamble and pay themselves with the money they've received — even if it's a lower amount than they needed — or go through the process of reapplying for a bigger loan.
Experts outlined to Business Insider how these two processes work, including what might happen if you decide to give yourself income from the money meant for your payroll expenses. "I would think very hard about repaying the loan or returning the funds and trying to apply again — that could be problematic," said Gerald Weidner, a partner at the law firm Stinson LLP based in Kansas City.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Hobby Lobby pays employees wages lost from coronavirus pay cuts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Entrepreneurs should add slides about coronavirus to their pitch decks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Why refinance private student loans, according to a financial planner - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Update News about Churchill: Hitler & Churchill I Destruction of Europe WHO:- warn UK should not lift lockdown rules until the test and trace system is ready for new COVID19 cases
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Business Insider's best investing stories of the week ended June 16 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ......why did you use a photo of some rave... ? Day trading is for suckers These are the suckers that the 'pump and dump' big investors will use to unload their inflated stocks. That's why they are touting the 'V' shaped recovery. It's a repeat of the 2008 mortgage securities pump and dump.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Activists using NYC traffic cameras to track police brutality - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Resisting and fleeing arrest can't be explained away. Officers jave the authority to detain question arrest given probable cause Black community cant grasp this and its killing them The perpetrators of Trump and police's orders in this great revolution will surely be punished.Just as collapse of European Union is in Britain's favor,fall of the United States means fair distribution of governments/wealth/jobs/this is in interest of the American people CHAZZ
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »