My understanding for the PPP loan forgiveness was that the entire loan would be forgiven provided your costs posted against it were totally within the requirements. However, our first run at it shows it being limited to 60% of payroll costs due to line 10 of the SBA calculation form. Something doesn’t seem right… I thought that the 60% rule came into effect to say that the minimum amount of loan usage towards payroll was revised downward from 75% to 60%, and not that your total forgiveness was limited to 60% of loan. What am I missing?