Date: February 2021

Q&A: Employee Retention Credit

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. What is the ERC link? https://www.irs.gov/newsroom/covid-19-related-employee-retention-credits-how-to-claim-the-employee-retention-credit-faqs In applying for the PPP,

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Q&A: Other Pandemic Relief Options

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Is there any relief for 100% volunteer organizations? Unfortunately, most

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Q&A: Shuttered Venue Operators Grant

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Are black box theatres with seating units that can

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Q&A: PPP Loan Forgiveness

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Questions on Timing of Application: What if the loan forgiveness

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General Q&A: Paycheck Protection Program (PPP) Second Draw

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Where do I find my NAICS number? The NAICS code

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Q&A on Payroll Used in Application: PPP Loan

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Why is my lender is asking for 2019 PR

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Q&A: Calculating Receipts & Revenue Variances

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Are gross receipts considered as of the date received,

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Q&A: Timing for Applying for the Second Draw: Paycheck Protection Program (PPP)

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. When can I apply for the second round? You have

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Q&A: Payroll Calculation Used in Applying-Paycheck Protection Program (PPP) First Draw

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. The lender is requesting 2019 payroll BUT I would

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General Q&A: Paycheck Protection Program (PPP) First Draw

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good's webinar on Feb. 15, 2021. What does first draw mean?  Does that mean from

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