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Mar 27, 2020
3:01
:27
pm
boogers
Intervention Needed
prove your payroll and allowed expenses for the 8 week "covered period"
and that portion of the loan is forgiven
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boogers
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boogers
Joined
Dec 26, 2013
Last login
Dec 2, 2021
Total posts
27,870 (1,324 FO)
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Messages
Author
Time
BIG change in understanding of loan limit
boogers
3/27/20 2:49pm
what is the criteria for forgiveness of the loan? Do they have to prove
Chester Copperpot
3/27/20 2:54pm
prove your payroll and allowed expenses for the 8 week "covered period"
boogers
3/27/20 3:01pm
so you don't have to be negatively affected at all, just make payroll?
Chester Copperpot
3/27/20 3:45pm
What if you are a new business and didn't have w-2 employees in March-June 2019?
gilmerbuckeye
3/27/20 2:58pm
dunno...I assume they will use whatever you have get average.
boogers
3/27/20 3:01pm
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