Updates on the PPP Loans

Harbor Community we continue to get updates and the most recent updated indicates that in calculating your average monthly payroll your are able to include cash compensation up to $100,000 plus an fringe benefits including group health insurance premiums paid on employees behalf, retirement account contributions paid by employer or state and local taxes.  We have updated our calculator models to reflect the latest news.  Please see the link below.

We are continuing everyone to reach out to the bank where you have a loan or deposit relationship best faciltate quick access to this program.  If your lender is not participating please send a message within Harbor to Travis York and I will follow up to help guide you in potential solutions.

https://drive.google.com/drive/folders/1Kn5RSJsaewqUCZOFjayRJ9MPoK6M-mWM?usp=sharing

 

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