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04-03-2020, 03:37 PM #1
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- Aug 2016
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- 486
UPDATE!
Dallas County's current stay-at-home order will be extended until May 20, said Dallas County Judge Clay Jenkins.
https://www.wfaa.com/article/news/he...2-06dd2ac783b6
I am in Dallas County..... Jesus Christ! So if I try to weather this, that will be a total of 3 months that I have to stay closed but still pay my lease.....
It looks like the writing is on the wall folks!Last edited by Winning; 04-03-2020 at 03:40 PM.
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04-06-2020, 05:24 PM #2
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- Aug 2016
- Posts
- 486
UPDATE
So today marks the 1st day I can submit a payment request for the unemployment I was approved for.
Today I received an automated email at 8:52AM CST from the Workforce Commission with the subject line that reads "It's Time to Request Payment". In the body of the email, included the link that I should click on to be taken to the website that I would login to to request the payment. The problem is that the website will not come up! I am receiving an error page that states "This site can't provide a secure connection, apps.twc.state.tx.us sent an invalid response." I have been trying randomly through the day, to see If I can get through.. But currently no luck. I am sure millions of people are trying to request payment.
Also I have not received any info about the extra $600 per week payment that the fed is adding to people that qualify for the regular state unemployment program. Maybe once I file the payment request and receive the check, the check will be $600 more than what the state currently shows that I approved for.
I have completed and submitted the application with my Bank for the Paycheck Protection Program.
I have completed and submitted the application with the SBA for the Economic Injury Disaster Loan Emergency Advance.
I am not sure I will take any of the money, but I will cross that bridge when I get there. I figured it would be best to at least go ahead and get in line.
Will update the thread with any new development..Last edited by Winning; 04-06-2020 at 05:32 PM.
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04-06-2020, 06:08 PM #3
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- Oct 2016
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- 4,318
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04-06-2020, 06:32 PM #4
- Join Date
- Aug 2016
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- 486
From what I understand, if I take the PPP, but not use it for the approved items I have to pay it back over 2 years at 1% APR..
So I need to make sure I understand how the fund works if I take the money, but only use it for rent and utilities payments and not hire any employees back. My operation make use of more contractors anyway.
With the $600 bonus that is added to the unemployment, the numbers maybe be better for the employees to file unemployment vs being on my payroll.
I think the government messed up a little bit by adding that additional $600 to the unemployment.
Reread my post #4 in this thread... That is a lot of money people are eligible for with out being on anyone's payroll, and also the companies are not on the hook to do anything.
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04-06-2020, 07:11 PM #5
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- Oct 2016
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