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Asked a question last year

Since we will not use the 25% of our PPP loan for required purposes my bookkeeper is suggesting we could give out some of it as employee bonuses and therefore it would be part of payroll. Since we’ve kept our payroll we’ll hit the 75% mark but would it be forgiven if we went over that by giving employees the bonus?

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John at a minimum you must use 75% of your PPP on payroll... so if you use 80% on PAYROLL that should be forgiven