Episode 6.1 Paycheck Protection Programs

Rich Brown

Compass Tech International

http://compasstechintl.com/

Contacts us at: info@mfgmonkey.com

Episode 6.1 series PPP (Payroll Protection Programs)

In this significant episode, we discuss PPP (Paycheck Protection Programs) and what it means for you now, and more importantly, what this program or these programs mean for you and your company’s future.

We dive into this topic from a user’s standpoint. Now that you have read all of the emails and information you can find; HOW do you apply, and how do you use this program. What are qualified expenses, and what are now qualified expenses?

Rich and I discuss this not from a banker, accountant, or attorney point of view. But an owner’s perspective in the manufacturing world and how we are strategically planning to capture talent now that just a month ago would not have been available.

 Rich sent me this message two days before our podcast, and I couldn’t agree more. 

“The need to project business impact and plan financially for survival and a strong re-entry into a very different market when the economy is re-started is critical. Assuming the underlying economic strength before the pandemic allows a true V-Shape rebound, the competition will be feeble. Thus there is an opportunity for growth for companies strong enough and strategic enough to come through stable and with a plan to serve clients well and with new models and tools.  

The original focus of the podcast in a very tight labor market has been completely blown up, at least for the short term”. 

sba.gov/updates

SBA Columbus office:   614-469-6860

401 N. Front Street  Cols 43215

David Townsend – key contact

Jill Nagy-Reynolds  -  614-940-8124

http://covid19relief.sba.gov/#/

http://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#

https://www.sba.gov/funding-programs/loans

SBA Funding Paycheck Protection Program: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp

SBA Coronavirus Guidance: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

BioOhio tools – Great comprehensive list: https://www.bioohio.com/covid19/

Just released from SBA:

https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/sbas-paycheck-protection-program-small-businesses-affected-coronavirus-pandemic-launches?utm_medium=email&utm_source=govdelivery

disastercustomersservice@sba.gov

Next up – PPP (Paycheck Protection Program) vs EIDL (Economic Injury Disaster Loan)

www.mcmillancomfg.com

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We here at MFGMonkey support social distancing in the spirit of that Dan won’t be with us but that’s okay he will be back soon. Since Dan isn’t here we were able to make room for Aaron Saltsman. We talk about starting a new business endeavor, Finding love, As well as hopes for our future company’s 

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Welcome to MFGMonkey This Friday we have a chat with our good friend Bryan Driscoll from Driscoll Learning. We discuss evaluating future employees and their compatibility with your company along with many other interesting topics. so sit back have a listen and enjoy. 

Let us know what you think: info@mfgmonkey.com

Go check him out at...

linkedin.com/in/bryandriscoll

driscolllearning.com

MFGMonkey is a place for manufacturing pros around the world to learn, discuss new ideas & address the parts of the industry they want to improve. Such as New technologies, and Next-generation marketing tricks? We want to hear from you. Email us, call us, connect with us on our social media pages. We have them all...info@mcmillancomfg.com614.800.0334

Subscribe today & help fabricate the future.

MFGMonkey Episode 3

Welcome to MFGMonkey This Friday we have a great episode for you. We have Chris Dakin from Tipp city at Indian Creek Metal Fab.

MFGMonkey is a place for manufacturing pros around the world to learn, discuss new ideas & address the parts of the industry they want to improve. Such as New technologies, and Next-generation marketing tricks? We want to hear from you. Email us, call us, connect with us on our social media pages. We have them all...info@mcmillancomfg.com614.800.0334

Subscribe today & help fabricate the future.

Episode 2

Episode 1

Welcome to our very first episode! We want to hear from you. Email us, call us, connect with us on our social media pages. We have them all...

info@mcmillancomfg.com

614.800.0334

The MFGMonkey podcast is a place for manufacturing pros around the world to learn, discuss new ideas & address the parts of the industry they want to improve. New technologies? Highlighted. Next-generation marketing tricks? Showcased. A laid back, engaging conversation that will give you real-life, actionable changes you can implement tomorrow? Locked down on every episode. Subscribe today & help fabricate the future.

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