Posted 1/13/2021 16:40 (#8748493 - in reply to #8748141) Subject: RE: Quick PPP question
Minnesota/Kentucky fertility based on ENERGY
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