In order to qualify for the PPP loan amount received, Fairmont Photo Press' 2019 payroll expenses are estimated to be at least $245,760. 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. Not only do we have a free weekly newspaper, but we are also your full service print shop and also retail outlet for envelopes and paper. ![]() They got dozens of unique ideas from professional designers and picked their favorite. 2022 FarmFest Educational Forums Contact Us: Phone: 507.238.9456 e-mail: Photo Press 112 E. Karen88.fisher created a custom logo & business card on 99designs. Search for other Copying & Duplicating Service on The Real Yellow Pages. Box 973 Fairmont, MN 56031 Office Hours: Monday-Friday 8:00 a.m. Get reviews, hours, directions, coupons and more for Fairmont Photo Press Inc. Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs. Contact Us: Phone: 507.238.9456 e-mail: Photo Press 112 E.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. ![]() ![]()
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