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PPP Round 2 application (payroll/# of EEs)

For the PPP round 2 application where it's asking avg monthly payroll and number of employees... this should be as of what date?

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Answers

  • swooftchicagoswooftchicago Owner Member

    Also where do you find the Loan Number of the first PPP loan? I can't seem to find that on any of my paperwork from Chase.

  • Brian_SBMBrian_SBM Vice President, Entrepreneurship Administrator admin

    Hi @swooftchicago
    For avg monthly payroll, I believe you can use either the prior 12 months, all of 2020 (essentially the prior 12 months), or all of 2019. Number of employees I believe should be as of the date of your application. I can't help on the PPP loan number; I would probably try to contact Chase on that.

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