Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

Does forgiveness use the same $100,000 payroll cost per person limit as the loan application calculation?

Posted by Armanino Financial Advisory Team

The $100,000 per person limit remains. Do not exclude employees who make more than $100,000 annually. Instead include payroll costs for those employees up to that limit, prorated for the number of weeks in your Covered Period.

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