In order to qualify for the PPP loan amount received, Crossbridge Dental, PC's 2019 payroll expenses are estimated to be at least $329,275. On the PPP application, Crossbridge Dental PC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Crossbridge Dental PC in Rochester, NYįor Crossbridge Dental, PC, 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, Crossbridge Dental PC's 2019 payroll expenses are estimated to be at least $274,584.īased on their reported 8 jobs retained, this equals an estimated average yearly compensation of $34,323 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).
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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.
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.
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They apply to the software named above and any Microsoft services or software updates (except to the extent such services or updates are accompanied by new or additional terms, in which case those different terms apply prospectively and do not alter your or Microsoft’s rights relating to. Edgeview Dental reviews 2384 Monroe Ave - Brighton NY. These license terms are an agreement between you and Microsoft Corporation (or one of its affiliates). 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. Find the best Dental in Brighton, NY on Birdeye: search reviews of 49 Brighton Dental businesses.
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