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Quick PPP question
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Jeff@JR Production
Posted 1/13/2021 16:40 (#8748493 - in reply to #8748141)
Subject: RE: Quick PPP question


SE MN, teaching a accent Kokopelli teachings
It's not complicated, but it can be confusing. The following would be the process of using our accountant and bankers processing, but this is coming from a mid-sized bank.

Total wages either W-2 or 1099 x 70%
rents paid x 70%
Intrest paid x 70%

If you did the first or second ppp, it just a draw off the original ppp
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