HARDESTY TIP
SBA publishes Frequently Asked Questions (FAQ) List
Key Tips
- Gross Payroll – gross employee wages including holiday, sick and vacation pay
- Benefits – can be added in addition to $100,000 per employee wage limit
- Payroll Tax – can be included except federal employer portion
- Reporting Period – higher of recent Trailing 12 months or Calendar Year 2019
See all the SBA FAQ tips at:
https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequenty-Asked-Questions.pdf
https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequenty-Asked-Questions.pdf
HARDESTY SUPPORT
As a service to our clients and network – reach out to Hardesty with your questions.
If you need more help than that, contact Hardesty today and we can help you with Fractional CFO support to:
If you need more help than that, contact Hardesty today and we can help you with Fractional CFO support to:
- Position Company – During period of challenge
- Analyze your options
- Navigate through the loan process
- Help the company emerge from this distressed market