

On the PPP application, Ischool Of Music And Art LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Ischool Of Music And Art LLC in Port Washington, NYīased 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, Ischool Of Music And Art LLC's 2019 payroll expenses are estimated to be at least $96,994.īased on their reported 3 jobs retained, this equals an estimated average yearly compensation of $32,331 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. Northwestern is one of the countrys leading private research and teaching universities, located in Evanston, IL. Setnor School of Music the Department of Film and Media Arts. UW-Green Bay new student community service project Male student in a hammock on the UWGB Marinette campus UWGB studio art student painting Research Vessel. 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. The College is divided into seven areas: the School of Art.
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Learn how to play your favorite style of music through instruction that will rock your world.
