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PPP LOAN FORGIVENESS OVERVIEW

WEBThe Alternative Forgiveness Amount calculation takes the amount spent on Payroll Costs ($540,000 in this example) and divides by 0.60 to determine the amount of forgiveness …

Actived: 2 days ago

URL: https://www.theloansource.com/wp-content/uploads/2020/11/Forgiveness-Overview-User-Guide.pdf

F100: PPP Forgiveness Overview

WEBSalary/Wage Reduction ($) Step 1: Determine who should be included in the Reduction Factor calculation. • Include only employees under $100K annualized in every pay …

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