My H-1B maxout date is Jan 2023. Perm process started in Sept 2021 (prevailing wages). FOr the 7th year extension of H-1B, is the PERM priority date (Aug 2022 for me) considered or the date for when the PWD and recruitment was initiated.
When you actually file the PERM application (August 2022) you become eligible for a one year extension in August 2023 between January and August. You would not have a status to work unless you have some recapture time left. Needless to say if your PERM gets approved and your I-140 gets approved you can immediately.
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