- , otherwise
- in the case of a seasonal company,
- often of the two preceding periods, or
- a successive 12-few days period anywhere between .
If the mediocre quantity of FTE teams inside secure several months is gloomier than simply for the source several months, the full eligible costs readily available for forgiveness are faster proportionally by the fresh payment lack of FTE group.
Analogy – X Co had ten.0 FTE employees in the resource months and you can 8.0 FTE group during the protected months.
The brand new income/wage avoidance so you’re able to PPP numbers entitled to forgiveness enforce in order to the fresh new part of the decline in staff paycheck and wages one to is not due to the brand new FTE cures.