Member Since: Apr 29th 2020
Apr 29th 2020
Can someone please clarify how the payroll dates work for the PPP loan. Do we go by Check Date or when the payroll was accrued? Example: My client received his PPP loan on Friday April 17th. He pays every two weeks. Friday, May 1st is his check date, but the payroll period is 4/12 – 4/25. Can I use all of the May 1st checks to go against the PPP loan or only 1 week of that check run? Thank you in advance!