4.7 • 669 Ratings
🗓️ 30 December 2020
⏱️ 16 minutes
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0:00.0 | Welcome to Real Estate Coaching Radio, starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. |
0:21.2 | Real Estate Coaching Radio is the nation's number one daily radio show for realtors |
0:25.9 | who demand authentic real-time coaching. |
0:29.1 | Get ready for fluff-free, unfiltered, full-strength honesty about what's truly working |
0:34.0 | to get you into action, helping others, and making money now in today's |
0:38.3 | real estate market. |
0:39.8 | Now to our hosts, Tim and Julie Harris. |
0:46.0 | Hello, this is a newsflash. |
0:47.8 | This is not a normal podcast, but I wanted to get this information in front of you as fast |
0:51.8 | as possible. |
0:53.1 | The final details on the lending program, |
0:57.0 | the PPP program, have come out. And as Julie and I expected and we predicted, and we told you guys |
1:02.0 | the other day, the terms of the PPP loans are essentially identical to the way they were the first |
1:07.7 | go-around. Now, I'm going to tell you a few things that we learned from helping really thousands of you through this process earlier this year. The Paycheck Protection |
1:15.5 | Program loans are available to you whether you're an independent contractor or whether you |
1:20.6 | are working as a paid, you know, corporate employee type. Even, you know, like say, for example, |
1:25.9 | a lot of you are paying yourselves through your own corporation this applies to you but even if you're |
1:30.5 | not even if you're just an independent contractor and when you receive your |
1:34.2 | commission checks it goes directly to your Social Security number is 1099 |
1:37.2 | that's fine too everyone should apply for a PPP loan now I'm gonna address the |
1:42.8 | next bit from two different angles number one if you received a PPP loan. Now I'm going to address the next bit from two different angles. Number one, |
1:46.1 | if you received a PPP loan before, then you need to go to the lender that you used before |
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