1.
I have a S Corp. Only 4 employees including myself on payroll. I still haven& #39;t heard back from PPP & SBA, I was forced to apply for due to COVID-19 Within the next 7-10 days. I will be forced to pack up my Dancewear retail store. I can& #39;t afford to go further in debt.
2.
Zero sales & using all funds saved for business including Utah State "Sales and use Tax" I& #39;m now using personal money, which isn& #39;t much mind you, to pay my Quarterly taxes for Utah State tax. No extension. How many business owners are forced to use tax saved money?
3.
If I pack up and close I& #39;m also going to be liable for the remainder of my 1yr lease. Which is 12k so either way I loose. I may be one to loose my family
oriented business for little dancers. I& #39;m OUTRAGED! Collages & other businesses even filed for the SBA & PPP
4.
I filed SBA- April 6
filed PPP- April 15
Still no word...
I would have had the PPP done sooner but, the site wouldn& #39;t let me submit the application. Kept saying my Social Security# and my EIN# was incorrect. Had to have an Appointment with the CU Manager. Same issue...
5.
Needless to say, the very day the PPP app. finally went through. Funds were gone. I hope I can get in on the 2nd wave of funds just approved or maybe from the kickbacks of the undeserved.
6.
I haven& #39;t even received any unemployment, which is a WOPPING $139. a week. IRS site says I& #39;m not eligible for the Stimulus until I file for 2019 because I will now be filing as Single.
Loosing my business soon & homeless since I live in a little studio attached to my srore.
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