Calculating First Draw Maximum Loan Amounts by Business Type

Calculating First Draw Maximum Loan Amounts by Business Type

The Small Business Administration (SBA), in consultation with the Department of the Treasury, is providing this updated guidance to assist businesses in calculating their payroll costs (and the relevant documentation that is required to support each set of calculations) for purposes of determining the maximum amount of a First Draw Paycheck Protection Program (PPP) loan for each type of business.

To review the guidelines:

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