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#DIG MASTERS EARTHBLADE FULL#

#DIG MASTERS EARTHBLADE FULL#

Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.

(NOTE: The PPP loan amount received by this entity indicates that it may have employees with compensation > $100k) 2

Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.

This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received.

Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. SES - Senior Executive Service Pay Calculatorįor Digmasters LLC, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.