Southeast financial credit union car loan

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For organizations that apply for and receive a second draw PPP loan, is there a single forgiveness application and process for the southeast financial credit union car loan PPP 1 and PPP 2 loan amount or will two separate applications for forgiveness of each draw be required.

One of the qualifiers is having full-time employees or less. Do I need or fewer full-time employees or or fewer total employees. We have about 50 full-time employees, but about total employees.

It is measured as an average of those employed each pay periods for My lender is digging deeper on Round 2, using my calculations provided for Southeast financial credit union car loan 1.

Could any findings of errors from that work-up adversely affect Round 1 loan forgiveness. Yes if you remain an Eligible Employer in subsequent quarters.

Noticesection I allows PPP borrowers to use payroll costs included on the PPP loan forgiveness application to be used as qualified wages for the ERC as long as the amount article source not needed for loan forgiveness.

For purposes of the ERC, that is correct. Alternatively, you can use Q4 versus Q4 For purposes of determining eligibility for the Employee Retention Credit, gross receipts for a tax-exempt employer include xredit receipts from all southeastt, not only from activities that constitute unrelated trades or businesses.

T3 в Read More. Did you find this helpful. Yes No. Purdue Federal helped me refinance a new car with a better interest rate than I was receiving from a well-known bank. Great rates and great service.

Ratings and Reviews. Sort By Rating high to low Rating low to high Helpfulness high to low Helpfulness low to high Date newest flnancial oldest Date oldest to newest. Rated southeast financial credit union car loan stars.

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