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I want to achieve 100% forgiveness. What should I do?

  • Keep or increase your FTEs,

  • Maintain salaries or hourly rates of employees,

  • Spend the loan on what it is supposed to be spent on, including at least 60% for payroll,

  • Keep good records of how you've spent the funds of the loan, and

  • Apply for forgiveness through your lender.


How is the potential forgivable amount of the PPP loan calculated?

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