Self Employed? How to get your $10,000 Stimulus Check

The Stimulus bill could give you $10,000, up to $10,000,000, FOR FREE - here's how, step by step. Update 4/4/2020 - Very Important for Free $10k: kzbin.info/www/bejne/eZPZaoGMg6-brbc
How to Apply: kzbin.info/www/bejne/bJeacqeDrqmigMU
All the Ways to Get your Free Money: kzbin.info/www/bejne/jaaWooZ5m7KVhpo
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🚧🚧🚧🚧DISCLAIMER🚧🚧🚧🚧
❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other. This is a KZbin video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Kevin's videos. If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575.
⚠️If you're Self Employed WITHOUT Employees or 1099 Help, go here:
kzbin.info/www/bejne/qaSbYaqqZ91msKc
⚠️The EDIL Grant and Loan Program was JUST Passed -- this means the SBA MAY NOT yet have all systems go for this -- I personally recommend you "get in line" NOW to beat the rush -- but do realize it's going to take time for the SBA to catchup with this new program.⚠️
Senate Stimulus Bill: metkevin.com/10kfree
Apply for SBA Grant/Loan HERE: metkevin.com/sba
Chat with Kevin: metkevin.com/discord
2 Free Stocks: metkevin.com/webull
Kevin's Programs: metkevin.com/program
If you are a self-employed individual, have a side hustle, are a 1099 employee, or are otherwise self-employed and write people 1099s (pay them), you could qualify for a FREE Economic Injury Disaster Loans (EDIL). The first $10,000 is given you within 3 days AFTER applying (once the bill is passed) as a grant, EVEN IF you get denied for the actual loan. Loans will be between $10,000 to $10,000,000 - which means you could literally get up to $10,000,000 FREE.
No payments are required on the EDIL SBA loan for the first 6 months and possibly up to the first year. The interest rate will be under 4% and the loan may be FORGIVABLE - but you have to request forgiveness. There is NO personal guarantee OR collateral required for the SBA $10,000 EDIL loan / grant. However, you must spend the loan money on approved expenses, like employee payroll, retirement, healthcare, vacation pay, sick pay, taxes, rent, mortgages, business equipment expenses, etc.
Why would the government do this? My guess is rather than paying everyone unemployment AND risk companies file bankruptcy, the government would rather give money to people creating jobs like self-employed individuals, sole proprietors, s-corporations, and other people who pay or otherwise hire people - IF they're impacted by the outbreak. This would allow people to keep their business up and running.
Common questions: Do I qualify? If you've been in business before Feb 15, 2020, you EITHER have employees OR 1099 people (pay help), you SHOULD qualify for the $10,000 grant PLUS potentially a forgivable loan up to $10,000,000 for approved purchases.
What do I have to spend the grant money on? Approved business purchases like payroll and business operating costs. The point is to keep your doors open (well, financially open).
#FreeMoney #HowTo #Bailout

[@MeetKevin]

NEW INFORMATION: Update 4/4/2020 - Very Important for Free $10k: kzbin.info/www/bejne/eZPZaoGMg6-brbc How to Apply: kzbin.info/www/bejne/bJeacqeDrqmigMU All the Ways to Get your Free Money: kzbin.info/www/bejne/jaaWooZ5m7KVhpo

[@descofort8481]

is uber driver included ?

[@jt5747]

I'm just glad that there will be absolutely no way for there to be any fraud or abuse in this program. Thank you Gov't!

[@LynxStarAuto]

🤷‍♂️ The game was designed to be played.

[@servanttofriend8481]

@@FxckRacism So what? Then, just pay back what you don't spend on business expenses. Wtp?

[@servanttofriend8481]

@@FxckRacism No... $10K is "forgivable". Meaning, some point down the road there will be a forgiveness program you will have to apply for. And anything not spent on the business will need to be paid back. The rest is a hand-out. Any smart small business owner would invest 100% of this into their business.

[@MeetKevin]

⚠️WARNING #1: If you DO NOT 1099 help and DO NOT have employees, you may not qualify for help as a small business. INSTEAD, go here for $600 per week! kzbin.info/www/bejne/qaSbYaqqZ91msKc ⚠️WARNING #2: The EDIL Grant and Loan Program was JUST Passed -- this means the SBA MAY NOT yet have all systems go for this -- I personally recommend you "get in line" NOW to beat the rush -- but do realize it's going to take time for the SBA to catchup with this new program.⚠️

[@ownyourdreamhomenow2800]

But if they deny you wouldnt you still get the 10k?

[@DUDEiTHINKIMNUDE]

Meet Kevin I can’t find the link. Maybe I’m blind? Haha can you lost it here? I just subscribed! Thank you!

[@drippingwax]

I am a 1099 contractor. I do not have any employees (or subcontractors), in my field, I would not even know how! Wait, can I hire someone to respond to my supervisors? :D Last Friday one supervisor told me to submit my notes while I was still seeing clients. When I got home I let her know that I was starting my paperwork. "Okay Let me know when they're ready." "Any more notes? " "All approved, any more? " "All right so are there still going to be more notes coming or are we done? " "Ooooookay." "All right let me know when they're all in."

[@drippingwax]

I need to work from home and teleconference with my clients. I cannot do this from the house, my family is too disruptive, so I moved everything from the shed to the garage, and set up a desk in there. No heat, no insulation, and slow wifi. Yesterday it was 30° and snowing!

[@MeetKevin]

UPDATED INFO HERE kzbin.info/www/bejne/fGqqZoiqqJWNec0 AND HERE kzbin.info/www/bejne/bJeacqeDrqmigMU

[@GrahamStephan]

Is Robinhood giving out free money again?

[@daniels4149]

😂

[@thenitruc8165]

Its the Federal Reserve giving out money now.

[@AdamIverson]

Only if you're a customer of Robinhood!

[@CodySteckRealEstateVideos]

Even better. It’s the government this time lol

[@ZoomerTrader]

Money printer go brrrrr

[@agentadamsellsflorida1176]

If I get $10k, I will purchase every single one of your courses!

[@infini.tesimo]

He pinned you to hold you accountable lol.

[@recklessalex9341]

Lolz I wish i lived in america arround now!

[@Anything_Anthony]

Same

[@DrIsaacSun]

www.washingtonpost.com/business/2020/03/26/small-business-administration-loan-faq/

[@DrIsaacSun]

Q: What will the interest rate be? Interest rates on these loans are 3.75 percent for small businesses and 2.75 percent for nonprofits.

[@MichaelFinkSunCommercialSolar]

I actually paused your video, opened the SBA site and went through the application. It seems to be even more streamlined now 6:30am 3/30/20. Awesome, Thank you!

[@djramzyshaar]

Almost Everyone i know on my socials are Barers of Bad News. Kevin, thank you for making a positive impact in these times. Bless your heart and stay safe!!!

[@barrygerrald5743]

IREK trades my funds and im up $34k already this year...

[@garretttodd2182]

@@barrygerrald5743 how can he be reached?

[@jonasrominger3065]

@@barrygerrald5743 irek piekerski.. he trades for me as well .. im up 22k already this year...

[@barrygerrald5743]

@@garretttodd2182 via. 1 (6 4 6) 5 6 4 0 2 1 4

[@calvindaniels1267]

@@barrygerrald5743 irek piekerski is a great trader really...

[@iEslam3]

It says *Sole Proprietors should complete form 5C, so don't do it on Form 5, use the form below it.

[@LynxStarAuto]

I attended a webinar with the SBA directly yesterday. From what they mention on there (I wrote these facts down) Loan is a fixed rate at 3.6% @ 30 years You must apply for an economic disaster loan No collateral needed for loans 25k and under Your credit will be checked, and marginal credit is acceptable (650 min) As of now the loan itself is not forgiveable. You can only defer payments for one year. SBA determines how much you will qualify for They will need: PnL for your business Schedule of liabilities Debt schedule Tax return. If you have not filed taxes for 2019 yet, 2018 will be accepted You must provide proof of distress. They said to expect 4-6 weeks for a response. They are really far behind.

[@nueagedesign994]

Thank you for clarifying! 👍

[@tony1118tony]

will the grant apply to real estate agents?

[@raymondchow2828]

so, no 10k?

[@ozman7576]

How to prove for distress if you have work going on. Means no 10k for them ?

[@PETZL33]

Jack's Son if you don’t know what PNL means this don’t apply to you

[@rafaeln21]

You and my 74 year old Mom who never had a job because my Dad always provided are on the same page about economics, work ethics, and life priorities.

[@birdiehats]

Kevin’s enthusiasm is contagious. He is a much needed business advisor during these turbulent times.

[@Jahguaar]

I am committed to self-development and thriving.

[@MarketsMatrix]

"If the business uses the loan funds for the approved purposes and maintains the average size of its full-time workforce based on when it received the loan, the company will only need to pay back the interest accrued." Is it free 100%? I read online we'd have to pay back the INTERESTED ACCRUED if the business uses the LOAN funds for approved purposes.

[@catchrelease7379]

Thank YOU, I am a single member llc and just applied in 2 minutes quick fast. Crossing fingers god bless you all

[@sohaibyounus]

Didn't realized I had not subscribed, your videos kept popping anyways lol. Your content is entertaining as well as it is extremely valuable. Keep up the honest good work. Thank you.!

[@bensonfinancial3945]

I'll take $10,000, but I don't think the government would be happy giving it to me!

[@17th_Luv]

Same feeling

[@mrconsignment]

Can't please everyone, so you got to please yourself. kzbin.info/www/bejne/q3Krg2qVi7-XiNk P.S. Warning, it's Ricky Nelson (RIP) and country music.

[@CacheWeston]

@@mrconsignment great song

[@ohyeah8224]

I'm glad I went out on my own at 18...

@@ohyeah8224 how'd you do that. I'm looking for a way out

[@zacharybrooks9053]

Best channel on KZbin.

[@hamzehabukhalaf2456]

I just subscribed to your channel as a thank you. I was struggling to find out where to apply for the grant, even google it and could not find any help. You were on target and the right time. Thank you.

[@therealjake]

I'm so glad I subbed. Nothing but good info 👍💰

[@i_am_thebatman]

Does this mean that if you get denied on the loan you don’t have to pay it back when you get the $10k ??? For the record I would still use it on a passive income business .

[@BAMAJiPS]

If you say 'free' enough times, it might become reality

[@gh4414]

Hey Kevin! I just got my advance!!! Ty sooo much! Failing comic book studio and definitely needed that. You’re the man!

[@travishasse]

Kevin thank you for all the great detail and information. It is truly appreciated and you have great content

[@oldaccount67543]

**UPDATE: For anyone following the link to the SBA website...it's been significantly updated since this video was published. I followed the link in the description and it took me to a different page, but the concept is still the same. In fact it's actually much easier now and I applied in like 5 minutes. It said it would take 2 hours but I think that's if they send you additional requests for information. My guess is since the launch of this video they've gotten an huge influx of new applicants lol. But yeah! Much easier now, I just applied and I'm hoping I get approved for my business.

[@PeculiarImage]

DJ Sunkisst where do you submit your application?

[@oldaccount67543]

PeculiarImage Look for a button on the site that says apply. It should be in big red letters. It’s also on a banner on the top of the website now. Look for the Economic Injury Disaster Loan. Anything that says that, click on it

[@borissharapanfabrikantesq.2693]

@@oldaccount67543 Did you see a space for how much to request as the loan/grant? I did not.

[@oldaccount67543]

Boris Sharapan Fabrikant, Esq. i didn’t. they’ll probably call you about it

[@BluejnY]

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

[@abouwer01]

If you have a 401k be careful with taking a hardship loan. They are waving the early withdraw fee which is (10%), but you still have to pay other taxes on it.

[@jimdoire2177]

DON'T EVEN TOUCH YOUR 401K. Eat beans for a month or two. Sleep in a cardboard box. Give hand jobs down at the railroad tracks. Just do not cash in your future. Don't do it.

[@abouwer01]

@@jimdoire2177 even if I need it as an emergency for a daughter with kidney disease?

[@giovannifigueroa6307]

Way more informative than other guys. Definitely subscribed. As a lyft driver we are hurt as we slowly lockdown state by state

[@ManuelZavala]

Hey Kevin, Just Wanted to Give you a heads up - They changed the application and made it much easier to fill out. No more various forms needed. All done through an online app!

[@Chadisms]

Great info! I shared with friend and family.

[@wolfofdubai]

The main question is: How much toilet paper I can get for 10 grand?

[@longroadset]

An unopened pack of 6

[@matth4784]

Given the current demand probably about 13 rolls

[@palillo2006]

Asking the real questions

[@xjrope]

A shit load

[@wolfofdubai]

palillo2006 yes sir !

[@joereef6114]

I have already uploaded and submitted mine. I just discovered you about 2 weeks ago. Thanks for all that you do here. I greatly appreciate it! Joe

[@alegriadelsol4862]

This is so awesome! Your always one step ahead, thank you 🙏 I applied thanks to your guidance 🙏

[@kkp4297]

i predict there will be rampant fraud with this forgivable loan. People will be bullshitting their expenses, just to try to get shit forgiven.

[@CESportscards]

kk P basically how some countries are grown

[@brandonmaddux3876]

It’s only “eight weeks of loan forgiveness” in very specific categories.

[@screammachineman]

Wrong. You’re looking at the PPP specifications. Not the same thing as EIDL

[@monipradier8350]

Thank you for this info! You were spot on!! Most valuable (literally) video I’ve ever watched on KZbin 😉

[@gordiasgordian925]

Great coverage of the stimulus law (now signed into law by the President). The best coverage on KZbin I have seen so far that actually goes into the text of the law. I just spent 3 hours today reading it and admittedly this is one section that I glossed over. Great work again, Kevin! (I have been following your channel since 2-3K subs, btw).

[@brandonkalp2645]

Student loans are supposed to be "forgivable" too and we all see how that went.... Stay far away if you don't need to keep your business from closing.

[@Cahluvca]

💯

[@Cristian-uz1vj]

you mean stay far away if you Do need to keep your business from closing, lol

[@funnyanimalshorts643]

:P

[@LynxStarAuto]

Cristian Eiden No he is saying if you don't need the money, don't go for it. Also student loans were never forgivable. They were *deferrable* .Which, most students did/are doing.

[@cabdolla]

Gabriel Velazquez no, there is a forgiveness program. He means exactly what he said. It’s just extraordinarily rare to get that approved.

[@CoachKarin]

You are really taking a risk if think this is forgiven, at some point you will have to pay back something. Even grants aren’t a protected agreement not to pay back in many cases.

[@mikemike4415]

They changed the site. I did mine last week. It was easier and was all 'point and click' , was accepted and just waiting on review.

[@djhitman213]

Thank you @MeetKevin by far your the most informative KZbin Channel I follow. I am really enjoying your courses and Livestreams. As soon as I am done with the current courses I enrolled in. I will definitely jump on your other online courses. For anyone thinking about joining any of MeetKevins online courses stop procrastinating and join now! Thanks a Million Kevin!!👌

[@randyscott3386]

The devil never gives anything away for free . There's ALWAYS a price to pay .

[@eriks.larson1310]

The IRS is now an authorized representative of Mephistopheles? Intriguing. Is this why they solely use the least convenient method of communication possible, the US Mail?

[@randyscott3386]

@@eriks.larson1310 What's, Mephistopeles ?

[@godofmercyandgrace]

OF COURSE!! you will pay taxes(self employment taxes) on $10000 when you include it as income less expenses.. depend on have they qualify the $10000 in the tax laws...IRS decides how they want to quality it how you use it.. example : pay payroll, give to charities(possibly make masks for Hospital staffing or others), healthcare insurance payments, etc giving you an idea...

[@TheRetirementality]

Oh boy, this is going to be a long line. Just the Realtors alone are going to clog the system.

[@Jkub101]

Fuck those parasites

[@pauld389]

Goddam parasites

[@BdeJJG]

im saying lmao smh, I hope I get I really need it for upkeep of rent for the items I sale.

[@TheRetirementality]

Wow, a lot of disdain for Realtors on a KZbin channel of guy who is a Realtor.

[@HULWORLD]

So true.

[@Aspire.2.Inspire]

Thanks for sharing bro. Love your course plug , comedy. Get your money G!🤑😂😂😂

[@gcstatus09]

I just filled it out! Thanks for the info!

[@spldrong]

Switching between the words "loan" and "grant" alot. I m a bit confused. And if I pay contractors to fix my houses that is "making 1099?"

[@johnboykin3128]

No a 1099 is an IRS FORM used to notify the IRS of money paid to a contractor or company in excess of 600 dollars

[@outofdinero]

I think he's saying 10k is a grant and there's up to 10m in loans

[@edwardlalone7782]

4 minutes my ass. As a sole proprietor, after a hour and a half I still had hours of information to input. Thank you for the information. For a real estate professional road blocks are vast throughout the process. On a brighter note, please keep all of your great information coming 😀

[@Apptrepreneur-pd9qq]

Thanks for the info Kevin.....I'm on it 💪💪💪

[@iris5517]

Wow! THANK YOU! I can't get this money, but I know people who can. And really need it.

[@maxjohnson1950]

as an uber and doordash driver i file 1099s every year. am i qualified for this?

[@drippingwax]

I wonder how many people are still working, but earning less than someone will get on unemployment.

[@Ashstrodamus1]

That would be me.

[@wiedlo]

I just worked this whole week, with no pay. (Self employed). Literally made 0 dollars. Yet I have to pay everything and everyone. So people on unemployment made more than I did.

[@therockstarbody]

Me 🙋🏼‍♂️

[@found_my_chapstick190]

are u mad because you’re not getting unemployment?

[@NoWorldOrd3r]

the 600 UI hasn't been applied yet.

[@joangil9224]

Quite possibly one of the best videos ever. I immediately subscribed to your channel and hit the bell because of it.

[@mikeseifert]

I have to say Kevin, your video inspired me to get off my ass tonight and get that paperwork in. I was looking at it for 2 days and did nothing. Thanks man! Great video!

[@jamesallenrealestate]

This sounds almost too good to be true. But if this really works, this video is about to blow up!

[@a.d.64]

​@beatle pete 100k+ views in 24 hrs, lol I applied to see if its true

[@a.d.64]

@beatle pete yea pushing links, but hopefully I get a surprise

[@NotZahidAngeless]

Never closed a faze rug video that fast

[@terpenator93]

Zahid Angeles lmao that kid is so cringe

[@kenshinhimura9387]

Who?

[@queeniethu]

Is it just me? yesterday the link looked different. it asked for attachments and stuff. today the link is totally different and it didnt ask for any attachments.

[@TheTacticalHouse]

My wife filled this out the first day it came out on the site.

[@sybo10]

Don't kid yourself, they will want this money back with the interest so be careful

[@LynxStarAuto]

Nothing is free in this world. That is for sure. However, if you can secure a loan with no payments for one year, and fixed interest in the 3 percentile, I'm game for that. Any interest, fees, etc tacked on I will cover and then some by properly investing that money.

[@zps4173]

Never get in bed with fed.

[@SOUTHWESTLIVE]

It's a grant. If approved, you don't have to pay it back.

[@cabdolla]

Mister Fantastic it’s a loan.

[@freetrailer4poor]

The interest will be so low you will make money on the loan.

[@lambobiggz7070]

Open my LLC dec 2019. Have no tax return. Should I still apply for the loan ? Single member LLC still haven't started operation

[@Disisions]

lambo biggz sounds like me too

[@lambobiggz7070]

22 (2) the requirement that an applicant needs to 23 be in business for the 1-year period before the dis- 24 aster, except that no waiver may be made for a business. I think I found my answer in the document.... I think.

[@mjohnson1741]

I would still try, worst that would happen is you'd be denied.

[@lambobiggz7070]

@onnielou70 no employees,

[@janessam.8303]

Thanks for the info!! Getting started now

[@judgementkazzy42]

The car in the thumbnail looks like something out of the Cars movie.

[@DSchopz]

Question: As a musician (self employed) I can receive 10,000? Are you saying people who receive the 1099 or give a 1099?

[@johnpratt7439]

David Saintival give

[@DSchopz]

John Pratt thanks

[@jollieone]

Even if you receive. Independent Contractors qualify as well go to the sba.gov site and hit the yellow banner on the top. It's going to ask you some qualifying questions. Being an independent contractor qualifies you.

[@Khon-Lao-Thai]

His words are confusing me. He says free, he says grant, he says loan, and he says interest. To me free and grant means you don't pay back. So, what is it? I don't think government are giving away money for free.

[@iHeartOiSkanks]

It’s not free. Us the tax payers are paying by inflating the dollar. Enjoy paying more to get less.

[@DayTripperLennon]

This guy has been killing it! Thanks, Kevin!

[@floridaman4073]

Applied. If I get it I’ll take a look and get some courses Kevin. At least owe you that much.

[@dbealby]

Happy Friday Team! Stay safe and wedge bigger!!

[@nohjoh08]

Since money is fungible. (I didn’t spend “that money” on the cruise, but this other money I had.) how can they decide that you spent the loan/grant money on legit expenses?

[@LTV999]

I want to know this also!

[@TheDigitalMedia]

Good question!

[@LTV999]

Someone please help answer this

[@xex2kok]

By requiring you to show receipts for what you actually bought or spent money on to help your business. That is how. If you cannot produce something showing you used the money for your business then they don't have to prove anything else really. A person with a legitimate business use for the money would be spending to help it survive and there would be a easy paper trail to follow.

[@TheDigitalMedia]

xex2kok can I use the money to buy a new computer for my business? The one I now have is about 6 years old already.

[@asgharakram]

Thanks Kevin we applied and got it as a independent contractor

[@RTBucco]

@meetkevin should u wait for the updated forms or do the current ones they have posted ? The old forms and apps might have the old rules attached to them and you can’t be eligible for the forbearance if you apply to earlier is what I’ve gathered ....? Any help would be appreciated

[@jesuhabaltazar1999]

Damn , all i got is an Ein as a sole proprietor but i want to be able to take advantage of this to start up a business . Idk if i can??

[@luiscampos1378]

Hey Kevin. I do Uber eats and I’m on 1099. I financed a car to do this. Can I declare that as a business expense to get this loan to pay off the car?

[@Anything_Anthony]

You can use it for "payroll"

[@claudia-wg4gd]

Yes you can apply

[@digitalnomadsage3377]

Say if you're a video editor, would buying a video editing PC count as something that's forgivable or is it just strictly the things that you mentioned?

[@thomasjames4838]

Does this loan/grant program apply to gig workers like Uber and Lift drivers?

[@therockstarbody]

He just uploaded a new video specifically for gig workers!

[@MsGechi77]

@@therockstarbody Where?

[@DaygoG]

Aaaaand its gone...

[@jaimemagana8964]

Tried to submit online but the option wasn't available. Anyone else having issues submitting their forms online?

[@akangell]

So did you just upload all of the documents in that "business forms" uploader on the site? Or do you have to print and mail this stuff in? You didn't mention anything (that I saw) about actually submitting the app documents..??

[@justsaying9913]

Here’s the catch....You must take the first flight to China ✈️....take a taxi to ground zero to the infested market where the coronavirus started and take a bite out of patient Zero 🦇 . On your way back, visit every Italian hospital..last have an 800 credit score!

[@carmelwine7610]

LOL!

[@clintbeastwood1947]

Don’t forget you have to take a bite of a pangolin too

[@williamjohnson5877]

Just Saying I was willing to do all mentioned til you got to 800 credit score. I just can’t get there.

[@LynxStarAuto]

My credit score is 747. I will say it pays homage to the jumbo jet, and get a pass on the travels.

[@masaimarketing8372]

That is fucking hillarious!

[@redsoxwinagain2007]

From an ethics standpoint, if you don’t need this money due to the recent events, it is inappropriate to apply. It is also like a giant game of jenga that eventually changes to a game of king if the hill mastered only by the rich politicians and chummy companies like Harvard.

[@jesusvaquero71]

Thanks for the info!!

[@julio1982]

pure value in this video. happy to subscribe

[@alexandruulici-buyingfreed9118]

Smashed the stonk bottom (code name for the like button) for the YT Algorithm and for everyone who will see the video to get the $10k-10M.

[@funnyanimalshorts643]

YES it deserves to go to the self employed. We get screwd at every turn.

[@CacheWeston]

Like button doesnt need a code name

[@godbrother22]

Btw free money is a bad thing. Reference: please refer to Venezuela 🇻🇪

[@skyblue9991]

Free money does not instantly mean Venezuela.

[@karanpatel8910]

What would do you want me to do not take free money?

[@carson911]

Agreed

[@cryptosuperg]

Nope Try... brutal US sanctions.

[@bwwilson1765]

I would agree that the free money isn't a great idea. It seems to me, though, that in light of a govt mandated shutdown of privately held businesses in a capatalistic economy, on some level they have a moral obligation make those businesses whole. "Free money", tax holidays, loan programs, etc. are some of the ideas I've heard. Otherwise, there will be no place for people to go back to work to. Complex subject with lots facets to consider.

[@seanrichardson6937]

Kevin thanks for all you do man! question is there any timeframe that we can expect getting an update from them? thanks bud!

[@peanut76050]

You talk about inflation and here you are applying for this? Way to go

[@1flybyguy]

It's greed. He doesn't seem very distressed to me and will still take the $$$$$.

[@50rads]

Okay, I have a 1099 from last year, but I haven’t done any 1099 related stuff. Can I still apply?

[@luisquinteros7492]

Leo Zuniga that’s what I want to know

[@user-gw8lp9zm3c]

Me.too. I was 1099.all.2018.n.1 report of.1099.on 2019 for 3500 for bookkeeping which he did not g ive me.a 1099 but I reported as cash plus 2500 for postmates but working part time w2 No 1099 so far . Do I still classify?

[@luisquinteros7492]

Caroo2short I paid taxes on 17000 how much do you know I feel like should be able to

[@TheDigitalMedia]

@@user-gw8lp9zm3c No because you don't know how to make sense when you write, let alone a grammatically correct sentence.

[@user-gw8lp9zm3c]

@@TheDigitalMedia Hi I meant to say this. 2019 I had 3 jobs. 2 reported as 1099. One of them never gave me anything to report even though I was above 600 but I reported as cash on my taxes 2019. The 1099 . The other reported 2500 on a 1099 misc. The third job was w2. This year so far I'm only a w2 no 1099 income as I am not doing freelance yet. So do i still classify? Tk.

[@rb7454]

Kevin the form 5 says “sole proprietors complete form 5C” so does that mean we really can’t submit the form 5 if we are sole proprietors (1099)?

[@mikenguyen8778]

I would say no for now. Use form 5C to be safe. Don't want you to get denied due to technicalities.

[@depaulaross4196]

I don't see these downloadable forms. When I click on it, it takes me directly to the online application. Please advise if there is another link to the forms.

[@Rich_EDC]

Amazing info from one of my fav finance youtubers..other YTuber is grant cardone 🤣. Btw please kev can u post vid on stock market and maybe where itll be in next couple months since America is now number 1 in most covid cases?

[@kalebbillig3472]

Can we spend the loan on “advertising” ? Because if so, it’s free money in our pocket!

[@marcelsmith9169]

GBT what if I never filed 1099 yet but I have had an employee since February

[@101realtor]

GBT sounds like you can just charge anything to a business card and then use these funds to pay those “obligations”, no?

[@LynxStarAuto]

Mr Home Loans hard to say. I think your best bet is to write some checks to a vendor, or associate (break them off some change for their participation), and then just claim it as a business liability.

[@seranthajenkins5288]

Grants are free money from the government. They don't need to be repaid. It's really nothing new. They've been around a while but you need to know how to write to get them.

[@found_my_chapstick190]

nothing is free in america. you will pay this back plus interest one way or another. wait until next year

[@charlesfrusa5049]

I had started a Notary Public/Loan signing side hustle 2 months ago. It went through the roof this month because of people refinancing and the virus making people doing Power of Attorney and Refinance loan at home! 185$ for 30 minutes of work people!

[@cetriyasArtnComicsChannel]

thinking of do this too but unsure about the multipule contacts with people?

[@charlesfrusa5049]

@@cetriyasArtnComicsChannel Just did another one today. That's how you differentiate. Have gloves, keep distance, while still have empathy to people.

[@matthewrosenfield1640]

I literally saw your video and immediately completed the application. I will let you know what happens!

[@billyc916corey7]

Hey Matthew, where did you find the application?

[@derekztattoos]

Done, thanks Kevin! hope I qualify.

[@ApplicoInc]

This is HUGE 🐘! Everyone get your apps ready 😁

[@tooeazeful]

Where do you send application?

[@ApplicoInc]

@@tooeazeful disasterloan.sba.gov/ela/

[@tooeazeful]

@@ApplicoInc thanks i uploaded on website too

[@jasonshields9501]

Kevin, if you are a Sole Proprietor you have to fill out another form: Form 5C. I just filled mine out :)

[@pfsmedia]

What did you check for question 15 on the "U.S. Small Business Administration DISASTER BUSINESS LOAN APPLICATION" form?

[@colbywillison2677]

You have to fill out the streamline application and ask to be included. They just put streamline process up tonight.

[@wellslange6749]

$10B divided by $10k is 1 million grants, not 100,000. 1 million people can get it

[@ayewhatspoppin7292]

This will be helpful to provide paid sick leave if my employees need it and can it also be used for business improvement and expansion? Should I talk to my lawyer or CPA to do it for me? Also what if I have more than one business? Could one of my partners apply for the money from my other business? So many many question so little time. 🧐

[@oldaccount67543]

wondering if it can be used for expansion as well let me know if you find out

[@ayewhatspoppin7292]

DJ Sunkisst I’m going to see my lawyer and CPA tomorrow. To see if they know anymore details and comb through any details I may have missed in the application process.

[@oldaccount67543]

Aye What’s poppin If you don’t mind, update me on anything new you learn! If you got the time to come back to this thread tomorrow

[@kheff46]

What if i privately own duplex that creates positive cash flow? I don't make enough to pay taxes even. How should i approach this situation?

[@brianmaxon8460]

Looks like the SBA website has crashed already- can't get to that loan page, keeps sending me back to the "loan" front page.

[@NeuroPulse]

Wow. This is starting to look a lot like Rome's late monetary policy. You know, before the collapse.

[@yardsailer7444]

That's EXACTLY what they're doing. The globalists are crashing the economy so they can force "global currency" aka - New World Order. This is very bad.