![]() In order to qualify for the PPP loan amount received, Copy Fast Printing, Inc's 2019 payroll expenses are estimated to be at least $125,280. On the PPP application, Copy Fast Printing Inc reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Copy Fast Printing Inc in Oklahoma City, OKįor Copy Fast Printing, Inc, the calculation used to estimate payroll costs is shown below:īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Copy Fast Printing Inc's 2019 payroll expenses are estimated to be at least $125,578.īased on their reported 4 jobs retained, this equals an estimated average yearly compensation of $31,395 per employee 1 Reported PPP Proceed Usage: Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). 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.All requirements must be successfully completed. You can sign up at the Public Counter and by phone. You will be required to pay an administrative fee. Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs. You may be eligible if you have not taken the court approved driving course within three years for the Oklahoma City Municipal Courts.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 Copy Fast Printing Inc, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator. ![]()
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