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Quick PPP question
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Reality speaks
Posted 1/13/2021 21:11 (#8749318 - in reply to #8749175)
Subject: RE: Quick PPP question


n. Illinois
Where they ask for the payroll, Take your gross income (it can be no more than $100,000) divide it by 12 that is the number that goes where they ask for the payroll amount. IN the next box to the right multiply the first number by 2.5 and that is the amount of loan you will qualify for.
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