We are still going to keep it sequestered. I should have been paying myself...
From: Josh Luthman
Sent: Monday, April 20, 2020 9:02 AM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] OT guvmnt loan
It's my understanding that in 8 weeks all you have to do is prove you did
payroll for 75% of the amount loaned. In your case, show 90k came out of the
account to payroll. The reports that the payroll company does, I'm told,
should suffice.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
On Sun, Apr 19, 2020 at 12:17 PM <ch...@wbmfg.com> wrote:
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> wrote:
Got our supposedly to be forgiven $10K loan today. We shall see...
--
AF mailing list
AF@af.afmug.com
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
------------------------------------------------------------------------------
--
AF mailing list
AF@af.afmug.com
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
--
AF mailing list
AF@af.afmug.com
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
--------------------------------------------------------------------------------
--
AF mailing list
AF@af.afmug.com
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
--
AF mailing list
AF@af.afmug.com
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
