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Paycheck Protection Program - The covered loan period will be your anticipated expenses beginning on February 15, 2020 ... on payroll size. What does this mean?
In regards to the Payroll Protection Program (PPP), is the amount to borrow 2.5 times payroll with payroll being defined ... crucial to our specific business model.
For the PPP loan, our bank will need detailed information in order to calculate the average monthly payroll costs for ... debt (what if interest was converted)?
Our owner also owns two holding company with no employees and two LLCs with no employees. Can we apply for the PPP loan?