11 ms·
The SBA may release more guidance but as of now payroll costs over $100k are not included in the calculation of the eligible loan amount. They have not been exc
by zieski 6y ago
The SBA may release more guidance but as of now payroll costs over $100k are not included in the calculation of the eligible loan amount. They have not been excluded from forgiveness.
However, the forgiveness penalties for reductions of more than 25% in wages/salary for employees does not apply to employees making over $100k.