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re: PPP Loan Forgiveness App is finally out
Posted on 5/24/20 at 11:47 am to kaaj24
Posted on 5/24/20 at 11:47 am to kaaj24
quote:
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.
This is the assumption I'm operating under. But if we could include the FULL final payroll that falls after 56 days but nonetheless includes some days within 56 days, that would help.
1
Posted on 5/24/20 at 1:11 pm to RedStickBR
If i payout my whole amount 100% of the PPE within 56 days i should be alright correct? I know its 75% within 8 weeks but im thinking of doing the whole amount within 56 days. Its going to be 4 payouts of the same amount within 56 days. MY PPE was not alot.
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