What is sbad treas 310 Misc pay?

Answer 1

It's the government ACH Payment code for the Coronavirus (COVID-19) stimulus check.

Answer 2

Its not for the stimulus check. This is from the SBA....small business administration. I am checking it out, I just received a deposit this morning. I believe this is the EIDL.....Economic Injury Disaster Loan.

Its the only one I completely applied for. I believe this is actually forgiveable.

Answer 3

it is sba. what ever the amount of the loan...it will have to be paid back if you don't show continued activity. like you have 3 employees - and you cut 4 PAYROLL checks. you have proven its purpose. and everything's cool. if NO ONE is paid by this money to ease stressors by the crisis., then you will pay it back

.....look cuts checks to your employees reflecting the money they were accustomed to. Done.

Answer 4

Someone said a stimulus, but it’s not. It’s the advance payment of $1,000/employee up to 10 employees.

It came 4-5 days before an SBA response in the loan.

Answer 5

Why did I receive money in my account 800$what is that and do I pay back, is this stimulus money, I thought it was 1200

Answer 6

I received only $1000 too, I would like to know why

Answer 7

Do you need to return this credit when you do your 2020 tax return

Answer 8

What if you receive 25,000.00 what is repayment

Answer 9

What is this, is it to be paid back?

Answer 10

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Sheila mullen