Finalyear2023
Level 1
07-25-2023
07:20 AM
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Thank you. Clearly, I'm not fully following. On the forgiveness letter from the SBA, it shows the loan disbursement amount, the original PPP amount. Then, Forgiveness Amount Remitted: $XXX in principal and $XXX interest. So, my dumb question is, who received the interest? Of course, there was an M-1 adjustment, but we only put the principal amount. I am missing something. Thank you.