Posted on May 4, 2022
Cherry Bekaert’s Taxation People hosted a board conversation into the March 9 th on the PPP Financing plus the Employee Storage Credit. Our very own customers recorded unnecessary high concerns that people chose to express everyone along with you as well as answers from our panelists.
For those who have ERC concerns otherwise really wants to arranged an ERC scoping dialogue, current email address you on Getting PPP mortgage inquiries, contact John Carpenter in the
Dining table away from https://paydayloanadvance.net/payday-loans-nc/asheville/ content material:
- Standard Q&An as PPP Finance, ERC Credit and you can Shuttered Area
- Q&A towards PPP Finance
- Q&A for PPP Next Draw Finance
- Q&A towards Staff member Preservation Borrowing
- Q&A towards ERC having Individual Equity, Venture capital and you can Family relations Practices
Standard Q&An as PPP Loans, ERC Credit and you will Shuttered Place
To possess PPP, exposure of some costs are invited (rent, certain vendor will cost you) however you are merely permitted to require 2.5x payroll will set you back. How will you tend to be most other will cost you on app?
Into the application, the fresh calculation is predicated on payroll or any other payroll associated items. Others will cost you, instance book, home loan appeal, and you will resources, can not be added to the formula of your own loan number. (more…)