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Asked a question 2 years ago

I know we can't double-dip from both PPP and EDIL loans. does anyone have guidance on how best to use the funds from the 2 loans to cover operating cost without jeopardizing our chances at PPP forgiveness

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I've seen a suggestion of opening or using a separate bank account for the PPP proceeds, and only paying for items that qualify as forgiveness items out of that account.