Is employee identifier their ss#? And I'm not sure what to put for cash comp and average fte?
My ppp loan is for me, my wife, and 2 contractors. We run a repair shop and I only call in my contractors when I need specific things fixed and don't need them full time. As for me and my wife, we've been just withdrawing from the company bank account as needed. But now with the PPP program. I should write a check to me and her right? I was thinking of just writing 4 checks, one for each person and the rest will be used for rent. Does this work and in line with the forgiveness program or do i have to write 1 check for every week for 8 weeks?
I'm just unsure how to go about this PPP loan thing.