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Josh said:
As best as I can tell, they don't need to "stay open" but they need to keep employees on the payroll for 8 weeks. If they lay off any employees, it reduces the forgiveness amount so it's advantageous to keep employees on the books even if business is closed due to not being essential or no customers.

edit: Business should lay off employees now before accepting the PPP (which is what I'm probably going to do). Ex. employer has 4 employees, they accept the PPP, they lay off 1 person, that's 25% payroll deduction for the forgiveness. Yikes.
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The loan covers payroll for 8 weeks. If you lay someone off, and got a loan to cover their payroll, you simply pay that money back immediately. Not really a big deal.
 
Also there is conflicting information about getting both the EIDL and the PPP. It's looking like you can only accept 1 or the other. I just sat through a webinar hosted by an accountant on all this. Here are some key slides.
 

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Mr. Asa said:
There has been a strangely high amount of Amber alerts the past few weeks. Not sure if people are taking more care to watch their kids, or if the snatchers are finding it a good time for some reason
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Well we've had a huge upsurge in domestic homicides here in the last 2 weeks, 3 times higher than normal. People suffering domestic violence are are huge risk right now with the isolation.
 
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Remember i told you all about my neighbors? The one on the left of me is at this very moment sitting on my steps talking to the neighbor on my right.
And her son ... and his wife ... and their son. ( He's 2).
Give them credit, they're keeping it under 6 people in one spot.
Why are they on MY FUCKING STEPS????
 
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Reactions: APRIL, Immigrant, HipHugHer and 2 others
Strings said:
Remember i told you all about my neighbors? The one on the left of me is at this very moment sitting on my steps talking to the neighbor on my right.
And her son ... and his wife ... and their son. ( He's 2).
Give them credit, they're keeping it under 6 people in one spot.
Why are they on MY FUCKING STEPS????
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Rocksalt from a shotgun.
It's a big motivator!
 
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Reactions: Immigrant, HipHugHer, Strings and 1 other person
Strings said:
Remember i told you all about my neighbors? The one on the left of me is at this very moment sitting on my steps talking to the neighbor on my right.
And her son ... and his wife ... and their son. ( He's 2).
Give them credit, they're keeping it under 6 people in one spot.
Why are they on MY FUCKING STEPS????
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Because you don't have a hose?
 
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Reactions: HipHugHer, Strings and OOD
Strings said:
Remember i told you all about my neighbors? The one on the left of me is at this very moment sitting on my steps talking to the neighbor on my right.
And her son ... and his wife ... and their son. ( He's 2).
Give them credit, they're keeping it under 6 people in one spot.
Why are they on MY FUCKING STEPS????
Click to expand...
I've been reading about wild animals retaking lots of places now that human activity has diminished.
 
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Reactions: Immigrant, HipHugHer, pacojas and 1 other person
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