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PAYCHECK PROTECTION PROGRAM

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individuals’ payroll compensation is capped at $20,833 per individual in total across all businesses in which he or she has an ownership stake. For borrowers that received a PP P loan before June 5, 2020 and elect to use an eight-week Covered Period, this cap is $15,385. If their total compensation across businesses that receive a PPP loan ...

  Compensation, Payroll, Payroll compensation

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