Posted 1/10/2021 14:54 (#8739977 - in reply to #8739617) Subject: RE: 2nd round of PPP
n. Illinois
the simple answer, is yes if in the first round your PPP loan was based upon net Schedule F income and it was less than $100,000 but your gross is over $100,000.
Not sure what the answer is if your first PPP loan has already been forgiven.
2nd round of PPP
