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proving loss
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IlliniFarmr
Posted 2/11/2021 16:45 (#8824942 - in reply to #8823631)
Subject: RE: proving loss


Do the government payments count toward the loss on PPP loans? I thought it was pretty clear it was gross receipts for any quarter - farmers use crop sales. Your social security check, ppp loan 1 or gov't payments don't count toward it. Please correct me if I am wrong, that's just how I read it.
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