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Question
PPP
Rishi Khan
CEO Extreme Scale Solutions
Asked a question 4 months ago

If I pay someone salary of $150K and then provide medical benefits and 401K matching of $10K: is the $150K capped at $100K and then I get $10K more for the benefits (i.e. $110K)? Or is wages PLUS benefits capped at $100K (i.e. $100K total cap)? This is both for the maximum loan amount calculation and the forgiveness calculation.

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