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Kurt Fagan
Partner
Asked a question 9 months ago

PPP Forgiveness Question: Company A Is a Partnership. A Partner in Company A takes his $15k full draw and company A will seek forgiveness. Company B is owned by that partner's spouse. The Partner does NOT have any legal ownership or control of company B (which is an S-Corp). The partner is on payroll for Company B. Can the portion of payroll paid to the Partner from Company B (of which he does not have ownership) be forgiven? Will this trigger a fraud issue?

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