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 PH HQP PFF 285 Formerly HQP PFF 040 2020

Hqp Pff 285 2020-2025 Form

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welcome to this PPP loan forgiveness full-time equivalent employee calculation video my name is Matt Hulk West with the Hulk was firm and the QuickBooks University and so I wanted to put together this template that goes in conjunction with the other templates that I've put together so if you're not aware the PPP loan forgiveness there's there's really going to be two parts at least with what we know at this point in time there's going to be two things that the banks are going to be looking at one is did you spend the money on payroll at least 75% on payroll and 25% on the rent utilities mortgage interest etc and then the other part is going to be your head count so did you maintain or increase your head count over this eight-week period when you have to spend this money okay so this template is a calculation to see if you pass this second headcount test so to speak okay so first things first I've got a download link down in the descriptio

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