- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: PPP Loan Forgiveness App is finally out
Posted on 5/23/20 at 1:36 pm to RedStickBR
Posted on 5/23/20 at 1:36 pm to RedStickBR
quote:
3) If payroll 1 fell one day after I received the funds, and payroll 5 falls a week after my 56-day period ends (but nonetheless includes some days that are within the 56-day period), can I include all five payroll periods in my forgiveness calculation?
This is our situation. We had a payroll three days after funding and have another payroll four days past exactly fifty-six days.
2
Posted on 5/23/20 at 4:29 pm to VABuckeye
quote:Same.
This is our situation. We had a payroll three days after funding and have another payroll four days past exactly fifty-six days.
We pay twice a month.
Had a payroll 8 days after funds disbursed.
Final payroll will contain one day that falls within the 56 day window.
This post was edited on 5/23/20 at 4:32 pm
Posted on 5/23/20 at 4:41 pm to VABuckeye
I'm taking the approach that since you paid payroll right after funding. Include it.
Then taking the amount of payroll that was incurred at the end of 56 day/8 week but paid after the 56day/8 weeks. So include the stub period but paid after.
Then taking the amount of payroll that was incurred at the end of 56 day/8 week but paid after the 56day/8 weeks. So include the stub period but paid after.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News