Financial Corona Virus Update

Coronavirus 2020 Update | Texas Sport Karate

Hello, this is Johnnie Murphy your favorite photo-journalist.

Stay in business with the “Payroll Protection Plan Act”.

All Karate school owners and any small business sole Proprietors Listen up The Payroll Protection Plan Act was signed into law Friday 3/27/2020 by our President It is for all small business and self-employed people like Karate Schools and all small business under 500 people. It covers up to 3 months of your money paid to your company through check or the quicker online direct deposit system if you have it and includes pay to you, any employees, rent, and utilities for your schools for close to 3 months.

********* YES SOLE PROPRIETORS LIKE SINGLE PERSON KARATE SCHOOL OWNERS AND CONTRACTORS ARE INCLUDED

Google “payroll Protection Plan Act for details from dozens of accountants and lawyers who are already on top of this. Your banks are just today getting around to being informed about this today 4/3/2020.

****Some banks have webinars. Fill out the form I’m sending, supply bank with income, rents, and utilities based on 12 months from last year or 2018 if you have not done your 2019 taxes yet.

**** it is first come first serve so when the word gets out you may find yourself waiting to get your money.

I’m including a PDF of the application. If you can’t download it check with your bank.

Thanks, good luck.

Grand Master and World Champion Johnnie Murphy

PatrollReductionActfor TSKN-4-3-20

2020 Paycheck Protection Program app (1)