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Search took 0.00 seconds. Search Forums: Posts Made By: buffalow
Forum: Non-Wakeboarding Discussion 09-14-2021, 12:13 PM
Replies: 66
Views: 20,452
Posted By buffalow
Psudy - That is a possibility. I did not dig into...

Psudy - That is a possibility. I did not dig into far since it was just our primary I was worried about.
Forum: Non-Wakeboarding Discussion 09-14-2021, 6:42 AM
Replies: 66
Views: 20,452
Posted By buffalow
How is everybody on the PPP stuff? Both of my...

How is everybody on the PPP stuff? Both of my loans have officially been forgiven and not showing as 'income', which is mind blowing. For those of you that were heavily impacted like we were, check...
Forum: Non-Wakeboarding Discussion 12-28-2020, 6:13 AM
Replies: 66
Views: 20,452
Posted By buffalow
Turned in mine with the EZ form. Said should be...

Turned in mine with the EZ form. Said should be forgiven in 1-2 weeks.

Hmmm...

they say round two is coming soon.
Forum: Non-Wakeboarding Discussion 06-08-2020, 3:52 AM
Replies: 66
Views: 20,452
Posted By buffalow
Looks like it was signed 24 weeks, only 60%...

Looks like it was signed 24 weeks, only 60% payroll required.
Forum: Non-Wakeboarding Discussion 06-04-2020, 4:57 AM
Replies: 66
Views: 20,452
Posted By buffalow
That is EXACTLY what we are doing!

That is EXACTLY what we are doing!
Forum: Non-Wakeboarding Discussion 06-03-2020, 2:57 AM
Replies: 66
Views: 20,452
Posted By buffalow
For me, I am not blowing the money. I am still...

For me, I am not blowing the money. I am still very concerned how this will all shake out and possibly ending up with a tax consequence. So we are being conservative like we have for 30 years.
Forum: Non-Wakeboarding Discussion 06-01-2020, 11:10 AM
Replies: 66
Views: 20,452
Posted By buffalow
From bank president today (I am in week 8): Hi...

From bank president today (I am in week 8): Hi Jason,

The house passed the PPP timing extension from 8 weeks to 24 weeks and the 60:40 breakdown from 75:25. It has to be approved by the Senate...
Forum: Non-Wakeboarding Discussion 05-27-2020, 6:21 AM
Replies: 66
Views: 20,452
Posted By buffalow
Wake - I have worked 15-18 hours a day since this...

Wake - I have worked 15-18 hours a day since this went down. As I had to lay off staff I had to absorb all other duties. We had (and now have back) 7 office employers and all but one went on...
Forum: Non-Wakeboarding Discussion 05-27-2020, 3:01 AM
Replies: 66
Views: 20,452
Posted By buffalow
Less - I thought the same thing. I can tell you...

Less - I thought the same thing. I can tell you for my cupel of guys that are not wanting to return, while we have the legal ability to cancel their unemployment ((well report to EDD that is), it is...
Forum: Non-Wakeboarding Discussion 05-22-2020, 8:13 AM
Replies: 66
Views: 20,452
Posted By buffalow
For sure Here is something to ponder - If...

For sure

Here is something to ponder - If the employees are choosing to stay home and get that free money, who do they vote for in November? They may hate trump but are getting free money, which...
Forum: Non-Wakeboarding Discussion 05-21-2020, 4:06 AM
Replies: 66
Views: 20,452
Posted By buffalow
https://www.foxbusiness.com/money/congress-could-e...

https://www.foxbusiness.com/money/congress-could-extend-small-business-loan-forgiveness-timeline-to-12-weeks-mnuchin-says
Forum: Non-Wakeboarding Discussion 05-20-2020, 11:32 AM
Replies: 66
Views: 20,452
Posted By buffalow
The reality is, its just a traditional secured...

The reality is, its just a traditional secured loan with the hopes that things will be forgotten, but no set rules in place yet as to how that will work
Forum: Non-Wakeboarding Discussion 05-20-2020, 11:30 AM
Replies: 66
Views: 20,452
Posted By buffalow
Shawm, I signed a 24 month note for 1% for the...

Shawm, I signed a 24 month note for 1% for the money, with a personal guarantee, Its a loan -its not free. Assuming the rules get figured out, they in theory will for get the month after some proof...
Forum: Non-Wakeboarding Discussion 05-20-2020, 3:47 AM
Replies: 66
Views: 20,452
Posted By buffalow
For nothing? really?

For nothing? really?
Forum: Non-Wakeboarding Discussion 05-18-2020, 10:27 AM
Replies: 66
Views: 20,452
Posted By buffalow
Yhea I hear you brother. Just sucks man. I take...

Yhea I hear you brother. Just sucks man. I take great pride in taking care of my people and the first time they can show allegiance they bounce. I am running ads liek crazy for technicians and...
Forum: Non-Wakeboarding Discussion 05-15-2020, 4:13 AM
Replies: 66
Views: 20,452
Posted By buffalow
So the reality of our current situation is...

So the reality of our current situation is employees are choosing not to return because they can make a good living staying at home. I have almost (50) employees that I was loosing sleep over because...
Forum: Non-Wakeboarding Discussion 04-28-2020, 5:32 AM
Replies: 66
Views: 20,452
Posted By buffalow
Wake - Only two and they are barely at that...

Wake - Only two and they are barely at that normal salaries. The bank said not to worry about it since it was like $101-3K.I think if you are around $150-200K then they recommend a reduced salary to...
Forum: Non-Wakeboarding Discussion 04-23-2020, 6:50 AM
Replies: 66
Views: 20,452
Posted By buffalow
Yhea it is still SUPER vague and most banks and...

Yhea it is still SUPER vague and most banks and lawyers deal with facts which they have a limited amount of right now. With another $500B approved today, thing swill get very interesting...
Forum: Non-Wakeboarding Discussion 04-17-2020, 3:12 AM
Replies: 66
Views: 20,452
Posted By buffalow
Ord27, that is not how I am reading the...

Ord27, that is not how I am reading the stipulation. In fact, I am checking with the lawyers again, but if your are a corporation I do not see anything that says upper management could not take it...
Forum: Non-Wakeboarding Discussion 04-16-2020, 4:45 AM
Replies: 66
Views: 20,452
Posted By buffalow
We received funds yesterday and set them in a...

We received funds yesterday and set them in a separate account. I see they have currently shut down teh program as of today. I am sure they need to finalize the almost 1 million loans that were...
Forum: Non-Wakeboarding Discussion 04-13-2020, 5:23 AM
Replies: 66
Views: 20,452
Posted By buffalow
Shawn - I have seen different sources say 8 weeks...

Shawn - I have seen different sources say 8 weeks or 10 weeks and the final is 8 weeks now., We are expected to have a check in 3 days from my bank.

The rules and processes are a moving target...
Forum: Non-Wakeboarding Discussion 04-10-2020, 5:07 AM
Replies: 66
Views: 20,452
Posted By buffalow
PPP/Emerg. Funds - My Experience

How are you all doing with this process? Thought I would give you my experience if it would help others.

I own an commercial HVAC business for over 30 years with almost (50) employees. Three weeks...
Showing results 1 to 22 of 22

 

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