The application for PPP loan forgiveness requires each applicant to determine if their loan forgiveness is reduced by either: A reduction in average salary or wage of greater than 25%, or A reduction ...
On May 15, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury (Treasury) released the Paycheck Protection Program (PPP) loan forgiveness application and related ...
Example: Using the same figures set forth in Example No. 2 in Question 16 above, and assuming the non-rehired employee originally counted as 1 FTE, rather than the calculation be 105/120, if the ...
Opinions expressed by Entrepreneur contributors are their own. This story was updated to reflect new information on May 26. The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness ...
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