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@qbteachmt wrote:

by covering eight weeks of payroll plus some other costs of remaining in business. This loan is 100% forgivable if you follow forgiveness guidelines.

 

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Once again, 25% of the forgiven PPP can be for rent, mortgage interest, utilities and interest on debt.  NOTHING in this post (besides you) had anything to do with EID loans. 

[EDIT:  Actually, I think the math is actually 20% of the loan.  I think it is 25% in excess of the 8 weeks of payroll, which makes it 20% of the total loan.]