If you should diminished their FTE staff amounts due to obliging with eligible health and safety requirement or support, chances are you’ll qualify for an FTE lowering healthy seaport 1 (i.e., no FTE debt reduction).

Or, you will qualify for FTE Reduction healthy Harbor 2 in the event you paid off FTE staff member quantities between January 15, 2020 – April 26, 2020 and recovered degrees little after than December 31, 2020 (for lending products made before December 27, 2020) or vendor final day of the Covered stage (for money made after December 27, 2020).

The SBA has exemptions installed in the event a laid-off employees declines the rehire present. Maybe you are excused within the FTE funding forgiveness reduction if you should created good faith, crafted present of rehire. And, you have to record the employee’s rejection. Keep in mind the laid-off employees might no a bit longer qualify for jobless payment if he or she reject their rehire supply.

To learn more about these protected harbors, look into the mortgage forgiveness application form.

3. won’t decrease an employee’s wages by well over 25%

Do you take-out a PPP money of more than $50,000? Lire la suite