Hello. I just received a check from my former PPP loan provider. My loan was partially forgiven in 2021 in the amount of $13,500. I just received a check in the mail from this same provider in the amount of $2,701. According to the provider, "You are due a refund for an overpayment made on your PPP loan before it was approved for partial forgiveness. The amount of $2,701 is the overpayment that was made." My question is, how should I treat this income for an S-Corp and how should I record this in Quickbooks/TurboTax? Thank you!
