011 - Ch-Ch-Changes to PPP and EIDL
In this episode, Jason and Doug invite April McDaniel, from CPA Firm Kopsa Otte, on to speak about what changes are being made to the PPP and EIDL money. April helps provides clarity to the new changes and help other salon owners navigate through what they might already know and what they need to know!
Profitable Salon Owner Podcast
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Show Notes
03:46 Start from the beginning, “What can you use the money for?” With a PPP loan.
7:34 Forgiveness application wants you to specify what the owner’s pay was, is this pay allowable or trying to disallow?
12:37 What does the Flexibility Act fo for owners that cannot get back to the level of staffing they had prior of COVID.
15:11 The necessity of a good culture in your salon.
19:16 How to receive help from Kopsa Otte.