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Non-Cattle Specific Topics
Coffee Shop
PPP loan and schedule F
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<blockquote data-quote="SmokinM" data-source="post: 1671594" data-attributes="member: 21382"><p>It has been explained to me by several that have done it is simply take in your schedule F and they take your sales divide by 12 then multiply by 2.5 and you get a check for that amount. There is a cap on amount and that is Sole Proprietor not LLC or Corp. All that file qualify. Most banks are doing the forms as far as I know.</p></blockquote><p></p>
[QUOTE="SmokinM, post: 1671594, member: 21382"] It has been explained to me by several that have done it is simply take in your schedule F and they take your sales divide by 12 then multiply by 2.5 and you get a check for that amount. There is a cap on amount and that is Sole Proprietor not LLC or Corp. All that file qualify. Most banks are doing the forms as far as I know. [/QUOTE]
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Non-Cattle Specific Topics
Coffee Shop
PPP loan and schedule F
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