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Question
PPP
Christopher Miller
PRESIDENT/CEO
Asked a question 2 months ago

For the PPP loan forgiveness that is available after 8 weeks. Is the amount you can ask for forgiveness 100% of the loan if you use the entire loan proceeds for payroll? Or is it only for 8 weeks of payroll expense, not the 2.5 months that was calculated in the PPP loan?

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Rishi Khan
CEO Extreme Scale Solutions

Only the 8 weeks of payroll, plus rent, utilities, and mortgage interest. Please read the PPP forgiveness application. It makes all of this clear.