![]() ![]() 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). Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.Inc in Anaheim, CAįor Pinner Construction Co., Inc, the calculation used to estimate payroll costs is shown below: Inc reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Pinner Construction Co. ![]() On the PPP application, Pinner Construction Co. Inc's 2019 payroll expenses are estimated to be at least $7.71M (not accounting for salary amounts > $100k).īecause the 67 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated. In order to qualify for the PPP loan amount received, Pinner Construction Co. 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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