Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Register FAQDonate Members List Calendar

Reply
 
Thread Tools Display Modes
Old 03-26-2020, 09:25 AM  
Trivers Trivers is offline
Always ask 'Why?"
 
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
Hey Small Business Owners...What are you doing to ride the storm out?

How are you handling HR issues?

Are you applying for SBA loans?
There are several types of loans. And new info is appearing daily.

Capital up to $10MM.
Up to 30 years to repay. Some actually are forgivable.
3.75 to 4%

https://disasterloan.sba.gov/ela/

https://www.inc.com/kevin-j-ryan/sma...incthismorning



My world: Everyone at the software companies are working remotely. The chocolate factory shut down yesterday due to not be considered an essential business. The chocolate elve had already left due to health concerns. I handle all the commercial rentals myself so no impact:

I don't intend to lay-off anybody...if this stretches into June or July...then we may look at cutting salaries by 25 to 50%. With the $1,200 everyone is getting already from the gov, and the 4 month unemployment (+$600/week additional), if we have to do layoffs, then the Team will not be totally without funds.

What are you doing to ride the storm out?

Last edited by Trivers; 04-02-2020 at 06:02 AM..
Posts: 2,929
Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.
  Reply With Quote
Old 04-16-2020, 10:34 AM   #496
blake5676 blake5676 is offline
Veteran
 
Join Date: Oct 2013
Quote:
Originally Posted by Mr. Plow View Post





Don't know how accurate this is.
I've seen it reported pretty widely this morning. Apparently the Senate is meeting again this afternoon and may push again for unanimous consent to add $250B more to the pool.

I've had my application in since April 4th, yet to receive any sort of final confirmation from my bank that I've been approved. Uploaded requested documents over a week ago and radio silence since them. Hoping the money gets restocked.
Posts: 1,202
blake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelliblake5676 's adopt a chief was Sabby Piscitelli
    Reply With Quote
Old 04-16-2020, 10:36 AM   #497
chiefforlife chiefforlife is offline
Colorado Chief Fan
 
Join Date: Feb 2006
Quote:
Originally Posted by Mr. Plow View Post





Don't know how accurate this is.
Its accurate. **** Chase Bank and **** the Democrats for not approving the additional funds for PPP.
Posts: 5,589
chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.
Thumbs Up 0 Thumbs Down 1     Reply With Quote
Old 04-16-2020, 10:36 AM   #498
Boise_Chief Boise_Chief is offline
The Lurkiest
 
Join Date: Aug 2000
Location: Boise,ID
Accurate, tried to submit this morning and they are no longer accepting applications
Posts: 1,928
Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.Boise_Chief would the whole thing.
    Reply With Quote
Old 04-16-2020, 10:42 AM   #499
Mr. Plow Mr. Plow is offline
In Search of a Life
 
Join Date: Dec 2005
Quote:
Originally Posted by blake5676 View Post
I've seen it reported pretty widely this morning. Apparently the Senate is meeting again this afternoon and may push again for unanimous consent to add $250B more to the pool.

I've had my application in since April 4th, yet to receive any sort of final confirmation from my bank that I've been approved. Uploaded requested documents over a week ago and radio silence since them. Hoping the money gets restocked.
I know that originally they were talking about that if the money ran out that they could pass to put more in. Hopefully they can get it done quickly.
Posts: 30,843
Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 10:43 AM   #500
Mr. Plow Mr. Plow is offline
In Search of a Life
 
Join Date: Dec 2005
Quote:
Originally Posted by chiefforlife View Post
Its accurate. **** Chase Bank and **** the Democrats for not approving the additional funds for PPP.
From the sounds of it, small banks had their shit together on this. Bigger banks not so much.

Don't give up yet. Hopefully they'll get something passed to get more money in it.
Posts: 30,843
Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 10:57 AM   #501
O.city O.city is offline
In Search of a Life
 
Join Date: Jul 2009
Quote:
Originally Posted by DJ's left nut View Post
Yeah, there's 'my staff' and then there's 'my staff'...

I've been picking up meals for my finance department peeps a couple times/wk just to thank them for keeping things running. There are 9 people in the dept but most are working from home. 3 of them are coming in and physically writing/posting checks, directing work and cracking whips when needed on the folks back home.

They've been invaluable. More amazingly, one of them put in notice 8 weeks ago (she's moving to Texas) so she knows she's gone around May 1 but even still says she'll probably stick around for awhile to keep helping out. How incredible is that? She's keeping here eye on our long-term prospects knowing full well that she's just not gonna be here for it.

The people you'd go to war with show themselves so damn fast when stuff like this pops up.
Yep. My biggest issue has been making sure everyone is safe, seeing as I'm having to spin a drill with water spraying it at 40k rpm. I've got all the PPE's i have been advised so we should be fine. But the girls have all been warriors about it so I'll do whatever i can to take care of them.

It sucks that iI coudln't get it for my other office, but the girls there are doing what they can and have to. I'm working there some seeing emergencies so i've resorted to paying them what i can when i can but they're doing the unemployment thing.
Posts: 81,434
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:09 AM   #502
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
Join Date: Sep 2005
Location: Columbia, Mo
Quote:
Originally Posted by Mr. Plow View Post
Hope you hear something soon. We had enough to get through a couple months and I had some alternate ways to make things work if needed what we had wasn't going to make it, but it is a relief to hear that the money should be there today.


Also - just want to say thanks to DJ. I had not thought about putting this into a new, separate account until you mentioned it. Thanks for the great idea man! Should make tracking so much more easy when we need to account for everything.
And in a minor miracle, the bank got the account set up and paylocity got their software turned in 48 hours so the first payroll (drawn yesterday) came out of the new account.

We've done some minor miracle shit on this thing. Some excellent work in many ways by us, but in a lot of ways we had excellent business partners that have come through in a big way.
Posts: 60,762
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:11 AM   #503
SAUTO SAUTO is offline
Shit
 
Join Date: Jun 2008
Well mine got approved today.

Long story as to why it took so long. But I always seem to have crazy shit happen to me. Like the craziest.
Posts: 55,715
SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:17 AM   #504
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
Join Date: Sep 2005
Location: Columbia, Mo
Quote:
Originally Posted by SAUTO View Post
Well mine got approved today.

Long story as to why it took so long. But I always seem to have crazy shit happen to me. Like the craziest.
What I don't know (and what I don't think anyone knows right now) is if the taps are dry altogether or if they 'approved' funds have been earmarked already and as such, pulled from the pool even if they haven't been distributed yet.

So the question remains - if you're approved, is there still money earmarked for you that will get sent your way shortly? Or is approval largely an administrative measure and they now have to wait for the treasury to replenish the till before they can submit it?

I really couldn't tell ya.
Posts: 60,762
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:21 AM   #505
SAUTO SAUTO is offline
Shit
 
Join Date: Jun 2008
Quote:
Originally Posted by DJ's left nut View Post
What I don't know (and what I don't think anyone knows right now) is if the taps are dry altogether or if they 'approved' funds have been earmarked already and as such, pulled from the pool even if they haven't been distributed yet.

So the question remains - if you're approved, is there still money earmarked for you that will get sent your way shortly? Or is approval largely an administrative measure and they now have to wait for the treasury to replenish the till before they can submit it?

I really couldn't tell ya.
They say if it’s approved the money was there for it. They won’t accept applications now.

I hope she was right on that.
Posts: 55,715
SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:22 AM   #506
Mr. Plow Mr. Plow is offline
In Search of a Life
 
Join Date: Dec 2005
Quote:
Originally Posted by DJ's left nut View Post
And in a minor miracle, the bank got the account set up and paylocity got their software turned in 48 hours so the first payroll (drawn yesterday) came out of the new account.

We've done some minor miracle shit on this thing. Some excellent work in many ways by us, but in a lot of ways we had excellent business partners that have come through in a big way.
That's one issue that I haven't gotten handled yet. Payroll goes out tomorrow, and we're going to issue that one as normal. Since I'm the one that does payroll, it gives me 2 weeks to get checks or something for this account.

My other option is to just run things as normal and then transfer the amounts needed into my regular account to cover those expenses. At least I would be able to say "Ok, I paid my electric bill for $1,000 out of my normal account and then I transferred $1,000 out of the PPP account to cover."

Hopefully the 2nd option will suffice because I don't want to through all the hassle of changing the auto withdrawals for all the utilities and then changing them back in a couple months.
Posts: 30,843
Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:27 AM   #507
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
Join Date: Sep 2005
Location: Columbia, Mo
Quote:
Originally Posted by Mr. Plow View Post
That's one issue that I haven't gotten handled yet. Payroll goes out tomorrow, and we're going to issue that one as normal. Since I'm the one that does payroll, it gives me 2 weeks to get checks or something for this account.

My other option is to just run things as normal and then transfer the amounts needed into my regular account to cover those expenses. At least I would be able to say "Ok, I paid my electric bill for $1,000 out of my normal account and then I transferred $1,000 out of the PPP account to cover."

Hopefully the 2nd option will suffice because I don't want to through all the hassle of changing the auto withdrawals for all the utilities and then changing them back in a couple months.
Yeah, we were going to do dollar for dollar transfers if we had to. Payroll is X dollars than we'd have made a transfer out of the PPP account into base operating for X dollars down to the cent. Then rent. Then necessary benefits (essentially insurance and 401(k) match).

We were going to be able to point to a specific dollar in, dollar out transaction rather than trying to do a large transfer to cover several 'forgiveable' expenses.

It's all a wild-ass guess anyway but if you think something makes sense...it probably does.
Posts: 60,762
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:28 AM   #508
SAUTO SAUTO is offline
Shit
 
Join Date: Jun 2008
I would think that is a good plan plow. Should be easy to account for it that way
Posts: 55,715
SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.SAUTO is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:28 AM   #509
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
Join Date: Sep 2005
Location: Columbia, Mo
Quote:
Originally Posted by SAUTO View Post
They say if it’s approved the money was there for it. They won’t accept applications now.

I hope she was right on that.
Outstanding.

Good luck sir.
Posts: 60,762
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
    Reply With Quote
Old 04-16-2020, 11:30 AM   #510
chiefforlife chiefforlife is offline
Colorado Chief Fan
 
Join Date: Feb 2006
Quote:
Originally Posted by SAUTO View Post
Well mine got approved today.

Long story as to why it took so long. But I always seem to have crazy shit happen to me. Like the craziest.
Thats Great News! Congratulations Buddy! Must be a big relief.
Posts: 5,589
chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.chiefforlife is blessed with 50/50 Hindsight.
    Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 12:18 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.