Just after 8 weeks regarding lingering argument and you may dealings, congress and you will chairman Trump finalized a different stimulus expenses with the next round off PPP loans. I from the CFOshare grabbed a maximum on PPP costs one introduced congress December twenty-first, and here’s the home elevators what is upcoming (to possess a manager conclusion, check out our very own step 1-second blog post, or check out our very own webinar)
Exactly how much ‘s the PPP 2nd round draw?
Like the earliest round of your PPP, next bullet pulls depends towards historical payroll expenditures. Historic payroll costs are identical as first bullet and you may, because an indication, include:
- Regular earnings
To determine the level of the PPP round dos financing, calculate your mediocre accredited payroll expenditures for the following time periods:
Enterprises should choose that time into the large mediocre payroll expenses and multiply they by the dos.5. Continue reading