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Real Estate Training & Coaching School

Podcast: News Flash! How To Apply For Paycheck Protection Program (PPP Info) | Tim and Julie Harris

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 30 December 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

News flash. Listen now how to apply and obtain your PPP loan. Every agent should consider doing this immediately. Remember, when you follow the SBA's simple rules your PPP loan coverts to a GRANT. A Grant doesn't have to repaid. Listen now to learn if you qualify (99% of you will), how to apply and be approved. Important, as before the PPP loans will go FAST. Take action NOW. Schedule A Free Coaching CallListen on iTunesListen on SpotifyListen on Stitcher

Transcript

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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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