Divorce and Family Law Family Law Bankruptcy and Bankruptcy Debt Please note that salary estimates are based on a simplified PPP eligibility formula and do not take into account factors such as salaries over $100,000 and other components of PPP eligibility. For Benjamin R Burnett Attorney At Law PA, the calculation to estimate labor costs is presented below: Please read the latest official SBA-PPP calculation rules for a full explanation of the methods for calculating PPP loan amounts. There may be situations where it may not be accurate to estimate the labour cost of a PPP beneficiary based on the amount of the PPP loan received. This estimate assumes that the PPP recipient claimed the total amount for which it was eligible and that no other variables affected the amount of the loan received. Please note that information on the estimated payroll based on the PPP rules is provided for informational purposes only. Divorce and Family Law Custody Child Allowance Collaborative Law Marriage Contracts Accident and Injury Illegal Death Property and Accidents Slippage and Case Accident Complex Litigation The simplest way to describe the standard PPP calculation is for companies to be entitled to a maximum PPP loan of up to 2.5x the average monthly wage costs for 2019. However, specific calculation methods vary depending on the type of entity and have many qualifications. Workers` Compensation in Divorce and Family Law Offenders for Bodily Injury Based on the 5 jobs received, this equates to an estimated average annual compensation of $29,568 per employee1 The status of this loan is reported by the SBA as “fully paid”, which includes both loans repaid and loans granted in full from repayment under the PPP. The status of the loan was last updated by the SBA in December 2020. Divorce & Family Law Criminal Accident & Injuries Real Estate Litigation Accident & Injury Car Accident Slip & Fall Accident Illegal Death Animal Bite Based on the standard PPP approval formula, it may be possible to estimate the labor costs presented by a company in its PPP application (see details above). To be eligible for the PPP loan amount received, Benjamin R Burnett Attorney At Law PA`s labor cost for 2019 is estimated to be at least $147,840.