April 24, 2020 PAYCHECK PROTECTION PROGRAM
Calculate the average monthly payroll costs (divide the amount from Step 1 by 12). • Step 3: Multiply the average monthly payroll costs from Step 2 by 2.5. • Step 4: Add the outstanding amount of any EIDL made between January 31, 2020 and April 3, 2020 that you seek to refinance, less the amount of any advance under an ................
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