crisis managementPayrollSmall Business

How to compute the maximum amount of Paycheck Protection Program

On April 24 the US Treasury issued this guidance on how to calculate the maximum amount of loan under the Paycheck Protection Program. It would have been a lot more useful if was dated April 3, instead of April 24 but we have to complete the details now on how to compute the maximum loan amount retroactively for applications for different business entity types.

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