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What You Need To Know About The Paycheck Protection Program Loan With Tom Wheelwright

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Manage episode 259592970 series 164455
Content provided by Patrick Donohoe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick Donohoe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If you are an employee stuck at home right now because of the Coronavirus pandemic, chances are you might have received your paycheck, which was acquired through the Paycheck Protection Program. What is it, and how can employers repay the PPP loan? In this episode, Patrick Donohoe interviews CPA , the creative genius behind , a revolutionary platform of educational tools and a global network of CPAs. Today, Tom joins Patrick Donohoe to tackle the ins and outs of the PPP loan, including what you need to know as an employer about the payback period interest rates. Emphasizing on the need to sit with a CPA, Tom notes how one can help you understand the loan count computation better than the banks. He also touches on the EIDL program, its three parts, and its restrictions. Tune in to learn how you can save yourself from unnecessary loan charges and make use of more investment opportunities even amid the pandemic.
  continue reading

484 episodes

Artwork
iconShare
 
Manage episode 259592970 series 164455
Content provided by Patrick Donohoe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick Donohoe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If you are an employee stuck at home right now because of the Coronavirus pandemic, chances are you might have received your paycheck, which was acquired through the Paycheck Protection Program. What is it, and how can employers repay the PPP loan? In this episode, Patrick Donohoe interviews CPA , the creative genius behind , a revolutionary platform of educational tools and a global network of CPAs. Today, Tom joins Patrick Donohoe to tackle the ins and outs of the PPP loan, including what you need to know as an employer about the payback period interest rates. Emphasizing on the need to sit with a CPA, Tom notes how one can help you understand the loan count computation better than the banks. He also touches on the EIDL program, its three parts, and its restrictions. Tune in to learn how you can save yourself from unnecessary loan charges and make use of more investment opportunities even amid the pandemic.
  continue reading

484 episodes

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