Good question.  Not a lot of agreement out there.  Language below.  Best interpretive estimates from what I have heard are

{ [Sch F line 9 (gross income) minus Sch F lines 22/23 (payroll costs on Sch F, which may not match 943)] capped at $100K

plus

943 wages (b/c that is accrued wage costs but monthly depositors may pay Dec deposit in following Jan - this was specified last year as proper by SBA) }

all times 2.5/12 

Ithought you had to use 2019 only for first draw with choice of either for second draw but I can’t keepup with the changes. 

(D06DE53C-D5C2-4195-8520-016A18A6761D (full).png)

D06DE53C-D5C2-4195-8520-016A18A6761D (full).png (70KB - 30 downloads)