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Asked a question 9 months ago

Biweekly vs Weekly FTE calculation? In calculating the Average FTE for the Forgiveness Schedule A worksheet, SBA instructs to enter the average number of hours paid per week then divide by 40. We are on a biweekly pay schedule so don't have any payroll processor reports to support weekly hours. Would we be able to use our BW hours paid and divide by 80 or is this weekly period a hard requirement?

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