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Message
LLC eligible for any gov assistance
Posted on 4/9/20 at 12:25 pm
Posted on 4/9/20 at 12:25 pm
Is an LLC eligible for any of the government assistance?
3
Posted on 4/9/20 at 12:41 pm to Sal Minio
Yes
Posted on 4/9/20 at 12:43 pm to Sal Minio
What a loaded open-ended question. Have you done any research? There are multiple SBA loans, tax credits, and other incentives available right now. Are you a sole proprietor, partnership, s-corp? How may employees do you have? Are they paid through W-2 or 1099? How do you pay yourself?
TBH, you're way behind the ball on this as most small businesses have already applied for their SBA loans and the money is going quick.
TBH, you're way behind the ball on this as most small businesses have already applied for their SBA loans and the money is going quick.
Posted on 4/9/20 at 12:55 pm to Sal Minio
What type of LLC? If you don't have employees and payroll then it's not favorable for you.
The more information you give the better the responses. The less information you give, the less likely you are to get a helpful response.
The more information you give the better the responses. The less information you give, the less likely you are to get a helpful response.
Posted on 4/9/20 at 1:47 pm to VABuckeye
quote:
What type of LLC? If you don't have employees and payroll then it's not favorable for you.
Expound on this, bc my wife has a single member LLC and we’ve been trying to figure this out. She doesn’t have a payroll as the LLC account just captures all her income and we take out whatever we need or decide to that month.
Posted on 4/9/20 at 1:52 pm to Shepherd88
quote:
Expound on this, bc my wife has a single member LLC and we’ve been trying to figure this out. She doesn’t have a payroll as the LLC account just captures all her income and we take out whatever we need or decide to that month.
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