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).
#Cactus music houston full
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.Houston's favorite record store, Cactus Music opened in 1975. 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. Houston's oldest independent music store with over 30 years service. 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. Social scientists speak of third places, by which they mean informal anchors to community life. Cactus Music has weathered industry storms and literal storms since opening in 1975, but it remains an important part of the music scene in Houston. SES - Senior Executive Service Pay Calculatorįor Cactus Music LLC, the calculation used to estimate payroll costs is shown below: 2110 Portsmouth, Houston, TX 77098 (713) 526 - 9272 About Houston’s oldest independent music store with over 30 years service.
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