re: Small Business Resource Thread COVID-19

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PPP question:

Do student internships count in either the payroll calculation on the front end OR (more importantly) the FTE calculation on the backend?

We normally only have interns during the academic year and not during the summer. Which means we might be down two students (possibly counting as 1 FTE) during the 8-week loan period which in a small office could take a huge chunk out of our forgivable loan amount.

Any insights?

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