![]() ![]() In order to qualify for the PPP loan amount received, Jon D Williams Cotillions Inc's 2019 payroll expenses are estimated to be at least $632,256. On the PPP application, Jon D Williams Cotillions Inc reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Jon D Williams Cotillions Inc in Dallas, TXīased 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, Jon D Williams Cotillions Inc's 2019 payroll expenses are estimated to be at least $518,904.īased on their reported 9 jobs retained, this equals an estimated average yearly compensation of $57,656 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). 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. I noticed a player was distracted and picked up his iPad and read aloud the. Last week, during a film session, I instructed my players to take notes. In an surprise announcement, long-time assistant and former player Cale Gundy resigned from his position as the Sooners wide receiver coach. 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. Oklahoma wide receivers coach Cale Gundy resigns. SES - Senior Executive Service Pay Calculatorįor Jon D Williams Cotillions Inc, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.
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