Employees than you did at 2/29.
The formula is payroll cost x avg. FTE's per month for 8 weeks from loan origination (= loan forgiveness) / average FTE's 1/1/20-2/29/20
There is a clause that says if you rehire them by I believe April 30th, you won't be penalized, but you can't let people go and get the loan forgiveness, you have to maintain your pre-2/29 employment levels to get the max forgiveness.