You will need to make your own independent judgment regarding your interaction with these linked sites.Īll materials reproduced on this site speak as of the original date of publication or filing. Such linked sites are not under our control, and we are not responsible for and do not endorse the content of such linked sites, including any information or materials contained on such linked sites. These linked sites are provided solely as a convenience to our visitors. This site may contain links to other independent third-party websites (“Linked Sites”). Please review our privacy policy, which also governs your visit to this site, to understand our practices. This page was last updated as of the date at the top of these terms and conditions for your information. Your continued use of the site following the posting of changes and/or modifications will constitute your acceptance of the revised terms and conditions and the reasonableness of these standards for notice of changes. Please review these terms and conditions periodically. Unless otherwise indicated, amendments will become effective immediately. Please note: we reserve the right, at our sole discretion, to change, modify or otherwise alter these terms and conditions at any time. If you do not agree to these terms and conditions, please do not use this site. Using this site, you agree to be bound by and comply with these terms and conditions. Because the terms and conditions contain legal obligations, please read them carefully. This site is provided as a service to our visitors and may be used for informational purposes only. In order to qualify for the PPP loan amount received, Tyme Global Technologies, LLC's 2019 payroll expenses are estimated to be at least $2.32M.Welcome to Tyme Global Technologies ( ). On the PPP application, Tyme Global Technologies LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Tyme Global Technologies LLC in New York, NYįor Tyme Global Technologies, LLC, the calculation used to estimate payroll costs is shown below:īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Tyme Global Technologies LLC's 2019 payroll expenses are estimated to be at least $2.37M.īased on their reported 50 jobs retained, this equals an estimated average yearly compensation of $47,497 per employee 1 Reported PPP Proceed Usage: Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above).
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Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. SES - Senior Executive Service Pay Calculatorįor Tyme Global Technologies LLC, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.
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