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Mar 26, 2020
12:14
:14
pm
delbert
Starter
I think they are saying the amount of the loan would be reduced
if your payroll is reduced by 25% or more. However, it's very unclear as written, and I would love to see the details as well.
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delbert
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delbert
Joined
Sep 29, 2007
Last login
Apr 8, 2024
Total posts
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Messages
Author
Time
I need to see the formula for the loan forgiveness so I can understand that last
Idahofallsblue
3/26/20 12:03pm
Aren't they aiming for both employee retention and maintaining current wages? So that you don't cut wages?
No touching
3/26/20 12:10pm
that's what I would think and maybe that's what they're trying to say
Idahofallsblue
3/26/20 12:13pm
I'm reading it as:
The Old Y
3/26/20 12:14pm
I think they are saying the amount of the loan would be reduced
delbert
3/26/20 12:14pm
What does this mean?-"and can cover employees making up to $100,000 per year
Niiineteeen84
3/26/20 12:18pm
Do you have a link to where you are getting the info?
Tonto
3/26/20 12:23pm
previous poster linked this...
Idahofallsblue
3/26/20 12:33pm
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