Posted 2/1/2021 06:13 (#8798276 - in reply to #8798225) Subject: RE: PPP loan for dummies
Hooker Twp,Ne
Just take your 2019 or 2020 schedule f to your banker. If line 9 on your schedule f is $100,000 or more you should qualify for $20,833. If line 9 is below $100,000 take it times .208 and that will be amount you should qualify for. Your banker should help you through the rest.