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04-24-2020, 05:45 PM
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Sage
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Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 10,508
Thanks: 82
Thanked 1,505 Times in 677 Posts
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Paycheck Protection Program (PPP) Loan Calculator
Easily answered...with a simple search. 
Quote:
Estimated Maximum PPP Loan Amount
Your maximum PPP loan amount will be 2.5 times your average monthly payroll costs, up to $10 million. You can only receive one PPP loan, so if you apply for a PPP loan you may consider applying for the maximum amount you are eligible for.
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Further searching says there are about 70 franchise locations, out of +-560 total restaurants, so it's possible if each franchise received a PPP LOAN, the total could exceed the $10M...but no way would it ever reach a 'Billion.'
Liberate Google...and the truth/facts.
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The Following User Says Thank You to ColdNoMore For This Useful Post:
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