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Re: yeag1717 post# 164817

Monday, 05/18/2020 8:36:00 PM

Monday, May 18, 2020 8:36:00 PM

Post# of 192133
That's a really interesting scenario. The PPP forgiveness rules came out last week, but there is talk about Congress and/or the SBA relaxing them somewhat.

The rules talk about payroll costs being expensed and payroll costs being paid. If VERB partially "pays" employees in the form of stock, they can expense that cost on the P&L, but it's not clear if non-cash compensation counts toward SBA loan forgiveness.
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