Bird denies getting $10 million COVID-19 loan
For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website.
Bird has denied it received a loan from the US government to help it through COVID-19. Its statements follow reports Monday that the electric scooter company received between $5 million and $10 million under the government’s Paycheck Protection Program in April. Both CNBC and The Verge found Bird in the data released Monday by the Trump administration as part of its coronavirus economic stimulus package under the CARES Act, but Bird says it didn’t go through with its loan application.
Since it’s a rough estimate of how much money you’re bringing in after deductions from all your streams of income, the IRS uses your AGI to calculate how much of the maximum of $1,200 stimulus check you can get.
Within a minute, substitute Glen Kamara had headed wide from a Borna Barisic cross and, after Hagi and Filip Helander had put efforts wide, the home side scored from another opportunity created on that left.
Rangers dominated the game and became the first side to open a Scottish season with seven straight clean sheets, beating a landmark established by arch-rivals Celtic back in 1906, thanks, in no small part, to an 86th- minute effort from visiting midfielder Ian Harkes coming back off the crossbar and keeper Jon McLaughlin denying Lawrence Shankland in the dying seconds.
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«Bird was erroneously listed as a company that filed for a PPP Loan. We did not apply for nor did we receive a PPP Loan. We decided as a company not to file an application as we did not want to divert critical funding from small and local businesses.» – Bird
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According to VanderZanden, Bird had begun an application with Citi «early on,» but decided not to go through with it on April 23. «It looks like Citi started an application while they waited for our decision on whether to formally apply…They confirmed that the temp app. was cancelled that evening and never submitted.»
Other types of loans: If you’re able to pay your bills but are still struggling, you can borrow up to $100,000 from your 401(k) without any tax penalty, courtesy of the CARES Act. You may also be able to refinance your home loan to get a lower interest rate and a lower monthly payment.
For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website.
The Hertz bankruptcy ordeal continues, and while the rental car company continues to offload used cars at some dirt-cheap prices, it still needs other sources of cash in the meantime.
How to use your AGI to figure out how much stimulus money you could get Should another economic relief package pass, how much money you’d get from a second stimulus check depends on your AGI, your filing status (single versus joint) and how many dependents you have. You can check out our story on how to calculate how much money you’d get from a second stimulus check for some examples on how it could break down for you depending on your situation.
What are the interest rates for a coronavirus hardship loan? If you have excellent credit, you may be eligible for a loan with an interest rate as low as 3%. A lower credit score means your loan may come with a higher interest rate.
How to find your AGI if you filed taxes in 2019 If you filed your 2019 federal tax return, pull out your printed records. If you used tax-filing software like TurboTax or H&R Block, you should be able to log into those accounts to find a copy of your return.
What is your AGI and why not try these out do you need it? Your AGI is your adjusted gross income — a measure of income calculated from your total income to determine how much the government can tax. Your gross income is the sum of all the money you earn in a year, including wages, dividends, alimony, capital gains, interest income, royalties, rental income and retirement distributions. AGI factors in allowable deductions from your gross income (like student loan interest, alimony payments or retirement contributions) to figure out how your income tax will be calculated. Your AGI is reported on IRS tax form 1040.
With the Senate returning this week from its August recess, negotiations are expected to resume over another coronavirus stimulus package and potentially a second stimulus check for those who qualify. Both Democrat and Republican leaders say they want to provide up to $1,200 per adult. But exactly how much of that you’d walk away with would hinge on your adjusted gross income, or AGI, from your 2019 federal tax filing. (Here’s our stimulus check calculator for an estimate. You can also find out who counts as a dependent on your taxes and what that means for a stimulus payment, and how old a dependent has to be to get a stimulus check of their own.)