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Re: Stimulas Package $
Posted to Shop Management Forum on 4/11/2020 6 Replies

Using a monthly payroll of $40,000, for simplicity, x 2.5 = 100k. To have the loan forgiven, you would need to spend 75% on payroll within 8 weeks of closing and the remaining 25K on things like mortgage interest, rent, utilities (that are qualified). From... Login to read more.

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