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Old 05-24-2020, 10:33 AM
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TomCopeland TomCopeland is offline
Business Author/Trainer
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,066
Default Eidl

Originally Posted by Daycarefamily View Post
If I use 100% of my EIDL loan towards payroll, is the interest 100% deductible or is is subject to time/space %?
It's 100% deductible because it is used exclusively for your business.
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