re: When did PPP 8 weeks start?

quote:

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Yeah I understand better now. It makes sense, but your original statement made it seem like you just wanted to pocket all the PPP money and lay everyone off.

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Poor wording. Sorry. No I just am trying to understand all of my dates. I’ve been in the hole on payroll for almost 2 months already. Which again, I can survive on my own for awhile. But my issue is I don’t have a clue when I can be profitable again with my current employees working due to not have any timeline from the government.

I’m contemplating shutting my office down to save on utilities and working from home until we are open again.

I can’t just pivot my business right now either.

Worst case pessimistic scenario is no profitable months until 2021. At what point do we start planning that? Many already have.

Eta: what’s starting to scare me is I plan for say August back to profitability and I’m wrong. At some point I have to prepare to be open in 2021 no matter what it takes.