Because the at the least sixty percent is actually used on payroll can cost you, the whole $2
obtains financing on the April thirteen to have $dos.cuatro mil and by Summer 7, the seven-times months, the organization features invested $2.dos billion of proceeds toward eligible activities, at which $step 1.8 mil try allocated to payroll will cost you together with remainder are allocated to home loan appeal, lease and you may resources. dos billion invested might possibly be eligible for loan forgiveness pending the newest result of the second several haircut examination.