InvestorsHub Logo
Followers 0
Posts 13277
Boards Moderated 0
Alias Born 05/06/2016

Re: OTC_Buyer post# 54720

Friday, 05/29/2020 10:03:03 AM

Friday, May 29, 2020 10:03:03 AM

Post# of 79847
Ya mean Whitey?

He's probably a little busy fighting his fraud cases.

And loan applicants needs to have actual expenses.


The process to calculate the amount of loan forgiveness requires three steps:

1. Determine the maximum amount of possible loan forgiveness based on the borrower’s expenditures during the 8 weeks after the loan is made;

2. Determine the amount, if any, by which the maximum loan forgiveness will be reduced because of reduced employment or reduced salaries and wages; and

3. Apply the 75% rule that requires that at least 75% of eligible loan forgiveness expenses go towards payroll costs.


It's pretty simple in Eline's case:

Zero

Zero

Zero




Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent EEGI News