We are putting the funds in a separate account, but are also assuming we’ll have to produce payroll reports/returns (we use ADP, so that should be easy) and we’ll have to produce invoices and proof of payment for utilities and rent.
Regards, David Coudron From: AF <af-boun...@af.afmug.com> On Behalf Of ch...@wbmfg.com Sent: Sunday, April 19, 2020 11:17 AM To: AnimalFarm Microwave Users Group <af@af.afmug.com> Subject: Re: [AFMUG] OT guvmnt loan Lewis, Are you taking any special measures to be able to prove you used the loan proceeds for approved uses? Kinda hard when they get comingled with other funds in a general checking account. I think we put them in a separate savings account. From: Lewis Bergman Sent: Saturday, April 18, 2020 6:09 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] OT guvmnt loan $10k? How many people do you have? I think I got nearly $500k between all the companies. On Sat, Apr 18, 2020, 7:01 PM <ch...@wbmfg.com<mailto:ch...@wbmfg.com>> wrote: Got our supposedly to be forgiven $10K loan today. We shall see... -- AF mailing list AF@af.afmug.com<mailto:AF@af.afmug.com> http://af.afmug.com/mailman/listinfo/af_af.afmug.com ________________________________ -- AF mailing list AF@af.afmug.com<mailto:AF@af.afmug.com> http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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