You can deliver loads and ask for COD ))
I am sure many car haulers dont report their full income. I bought multiple cars at auctions over the years for personal use and always paid cash to the driver when cars were delivered.
$10,000 EIDL GRANT
Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.
Page 60 of 133
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Tug Toy, DUNE-T, Linte_Loco and 1 other person Thank this.
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I dont see why you wouldnt just take the money as pay slowly over 8 months and get all of that forgiven. Why be so desperate to take it all now and then have to pay it back?
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My personal perspective & strategy is that PPP should be utilized first (which is why I jumped on the process right away) then the unemployment option with the $600 federal kicker AFTER the PPP 8 week period is complete. My PPP money was funded April 15th. June 15th is end of 8 week period.
The money I received on the April 15th will be used to keep me on the payroll for 8 weeks according the agreement. If things are still difficult on June 15th due to the decision of Federal & State government to essentially shut-down a large swath of our economy, severely effectively my business, I will apply for unemployment here in Oregon.
Unemployment insurance for business owners which is really only recently starting to process here in Oregon. The deadline for that option, according to what I've read, will discontinue on July 26th.
The EIDL process is pretty much in limbo at this point LOLTallJoe Thanks this. -
Did yall see? About 50 or so companies got together and are suing the sba because of their quick change. How it changed from 10k to 1k per employee. Idk if it'll make any headway but watch the video the lawsuit has kind of a point
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There's already a lawsuit for allowing big businesses to take on the loan. Taking away from small businesses.
I haven't kept up but last I heard it was the lakers. -
Linte_Loco Thanks this.
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Kinda funny that people are sueing over getting less free money then promised. lol The entitlement sets in quick.
I heard a guy yesterday mad because the interest would start on the first day that he got the money. So he would have to pay interest on the payroll money if he decided to keep the rest as a loan. So he decided he would give bonuses to himself and his employees to use it all up.
I reminded him that since around 85% was going to be free, that wasn’t it nice just to get that and not care too much about any interest?
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 60 of 133