Did your daycare / preschool receive a PPP loan?

[Anonymous]

We know ours applied, but have not heard any update one way or another. I am assuming this means they did not get the loan, although I don't really know.

Did yours get one?

[Anonymous]

Ours applied but said they haven’t gotten the money yet.

[Anonymous]

Very secretive our place about this.

[Anonymous]

Ours applied and was approved for the initial $10,000, waiting to hear on the rest.

[Anonymous]

Ours applied, was denied and just laid off 200 people starting May 1st

[Anonymous]

Ours applied and so some (don't know if it's all) teachers are off furlough and taking care of some kids of essential employees.

[Anonymous]

Anonymous wrote:Ours applied, was denied and just laid off 200 people starting May 1st

Your daycare employs 200 people?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ours applied, was denied and just laid off 200 people starting May 1st

Your daycare employs 200 people?

This sounds like the day care my child attends. It is at a JCC, so the 200 employees are the 200 JCC employees (many part time), not just the daycare employees. Hopefully they can get PPP money in the next round.

[Anonymous]

Yes. They were able to go back and pay staff in full for April and May and reduce our tuition because of it.

[Anonymous]

Ours did. I’m a bit confused on what will be forgiven though- just the funds spent on salaries, right? They haven’t said what they are doing about facility costs and insurance, but aren’t charging tuition so I guess they plan to use the loan to cover those costs as well. Doesn’t seem sustainable.

[Anonymous]

Anonymous wrote:Ours did. I’m a bit confused on what will be forgiven though- just the funds spent on salaries, right? They haven’t said what they are doing about facility costs and insurance, but aren’t charging tuition so I guess they plan to use the loan to cover those costs as well. Doesn’t seem sustainable.

I want to know this too- our daycare had been asking for donations in lieu of charging tuition, but now they have a PPP loan. In their most recent email update they didn’t say anything about still wanting parent donations, so I imagine everyone will stop donating? I wish they’d be more transparent. We can continue to donate if needed but if we are the only ones to do so what good does it do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ours did. I’m a bit confused on what will be forgiven though- just the funds spent on salaries, right? They haven’t said what they are doing about facility costs and insurance, but aren’t charging tuition so I guess they plan to use the loan to cover those costs as well. Doesn’t seem sustainable.

I want to know this too- our daycare had been asking for donations in lieu of charging tuition, but now they have a PPP loan. In their most recent email update they didn’t say anything about still wanting parent donations, so I imagine everyone will stop donating? I wish they’d be more transparent. We can continue to donate if needed but if we are the only ones to do so what good does it do.

The forgiveness guidelines aren’t totally clear yet. Many aren’t counting on it until there’s a process in place. It’s supposed to be for 2 months of salaries, plus rent and utilities. Salary has to be 75% of the forgiven amount. And the employees have to be employed (not furloughed).

[Anonymous]

Our center is using their ppp loan for 2 months of payroll so they can forgive 2 months of tuition.

[Anonymous]

So are folks expecting this to be extended? Otherwise what happens after two months. Does anyone really think child care facilities will be open by then?

[Anonymous]

Is there a way to find out whether a center got a PPP loan? Ours said they'd applied, but are still charging tuition during the closure.