Microwave Users Group
Subject: Re: [AFMUG] OT
guvmnt loan
I thought it was bad to have
>>> My wife is the majority shareholder. But you still don’t have to pay
>>> shareholders anything.
>>> If they are on the board of directors they can earn a directors fee.
>>>
>>> *From:* Josh Luthman
>>> *Sent:* Monday, April 20, 2020 12:04 PM
&
ve to pay
> shareholders anything.
> If they are on the board of directors they can earn a directors fee.
>
> *From:* Josh Luthman
> *Sent:* Monday, April 20, 2020 12:04 PM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* Re: [AFMUG] OT guvmnt loan
>
> I thought it w
areholder.
>> My wife is the majority shareholder. But you still don’t have to pay
>> shareholders anything.
>> If they are on the board of directors they can earn a directors fee.
>>
>> *From:* Josh Luthman
>> *Sent:* Monday, April 20, 2020 12:04 PM
>>
Microwave Users Group
Subject: Re: [AFMUG] OT guvmnt loan
I thought it was bad to have a
business and not pay the owners &q
My wife is the majority shareholder. But you still don’t have to pay
>> shareholders anything.
>> If they are on the board of directors they can earn a directors fee.
>>
>> *From:* Josh Luthman
>> *Sent:* Monday, April 20, 2020 12:04 PM
>> *To:* AnimalFarm Micro
can earn a directors fee.
>
> *From:* Josh Luthman
> *Sent:* Monday, April 20, 2020 12:04 PM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* Re: [AFMUG] OT guvmnt loan
>
> I thought it was bad to have a business and not pay the owners "a
> reasonable salary".
&g
Me too.
From: Bruce Robertson
Sent: Monday, April 20, 2020 2:53 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] OT guvmnt loan
That's almost exactly how my company started.
On 4/20/20 12:38 PM, Bill Prince wrote:
Ours was. We just wanted broadband at the time (we have a 73,000' l
something like selling heroin, and the rest is history.
bp
On 4/20/2020 11:54 AM, ch...@wbmfg.com wrote:
Most WISPS started as a side hustle I think.
*From:* Bill Prince
*Sent:* Monday, April 20, 2020 12:20 PM
*To:* af@af.afmug.com
*Subject:* Re: [AFMUG] OT guvmnt loan
We did not pay ourselv
rince
Sent: Monday, April 20, 2020 12:20 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] OT guvmnt loan
We did not pay ourselves for the first 2 or 3 years of
our S-corp. However
Most WISPS started as a side hustle I think.
From: Bill Prince
Sent: Monday, April 20, 2020 12:20 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] OT guvmnt loan
We did not pay ourselves for the first 2 or 3 years of our S-corp. However, our
accountant advised us to pay ourselves a token salary
, 2020 1:17 PM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] OT guvmnt loan
Corporation
I am a minority shareholder.
My wife is the majority shareholder. But you still don’t have to pay
shareholders anything.
If they are on the board of directors they can earn a directors fee.
From
.
From: Josh Luthman
Sent: Monday, April 20, 2020 12:04 PM
To: AnimalFarm Microwave Users
Group
Subject: Re: [AFMUG] OT guvmnt loan
Users Group
Subject: Re: [AFMUG] OT guvmnt loan
I thought it was bad to have a business and not pay the owners "a reasonable
salary".
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
On Mon, Apr 20, 2020 at 12:46 PM wrote:
dunno... Wh
h Luthman
> *Sent:* Monday, April 20, 2020 10:37 AM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* Re: [AFMUG] OT guvmnt loan
>
> Why were you not?
>
> Josh Luthman
> Office: 937-552-2340
> Direct: 937-552-2343
> 1100 Wayne St
> Suite 1337
> Troy, OH 45373
>
Thanks
From: Lewis Bergman
Sent: Monday, April 20, 2020 11:20 AM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] OT guvmnt loan
I doubt this attachment will make it through but here is a checklist from the
SBA for PPP forgiveness.
Just in case the attachment is stripped, here it
hem 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 $50
grow in the poop.
From: AF On Behalf Of Bill Prince
Sent: Monday, April 20, 2020 12:10 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] OT guvmnt loan
That's only necessary if you have a big wind storm that forces you to abandon
the planet, and according to NdGT, that ain't go
Group'
Subject: Re: [AFMUG] OT guvmnt loan
Time to book that trip to Mars.
From: AF
On Behal
Not into growing potatoes in poop.
From: Ken Hohhof
Sent: Monday, April 20, 2020 11:02 AM
To: 'AnimalFarm Microwave Users Group'
Subject: Re: [AFMUG] OT guvmnt loan
Time to book that trip to Mars.
From: AF On Behalf Of ch...@wbmfg.com
Sent: Monday, April 20, 2020 11:46 AM
To:
Time to book that trip to Mars.
From: AF On Behalf Of ch...@wbmfg.com
Sent: Monday, April 20, 2020 11:46 AM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] OT guvmnt loan
dunno... Why pay FICA for myself when I don’t need to? I can take a
repayment on notes payable if I
: Monday, April 20, 2020 10:37 AM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] OT guvmnt loan
Why were you not?
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
On Mon, Apr 20, 2020 at 11:19 AM wrote:
We are still going to keep it
onday, 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
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
pa
gt; 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 $
Sent: Sunday, April 19, 2020 11:17 AM
To: AnimalFarm Microwave Users Group
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
, 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 wrote:
Got our supposedly to be forgiven $10K loan today. We shall see...
--
AF
Apr 18, 2020, 7:18 PM wrote:
>
>> About 16.
>>
>> *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
That was just the initial right? Some Banks advance $10k before the fill
amount is approved.
On Sat, Apr 18, 2020, 7:18 PM wrote:
> About 16.
>
> *From:* Lewis Bergman
> *Sent:* Saturday, April 18, 2020 6:09 PM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* Re: [AFM
Hello Chuck my bestest new friend...lol...
On Sat, Apr 18, 2020, 6:01 PM 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.af
$120K
I don’t know why I thought it was $10K
Now I really hope they forgive it and I don’t have to pay income tax on it.
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
About 16.
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 wrote:
Got our supposedly
$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 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
>
--
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