Update - Problem
I would like to thank
EBFD6 and Darren for their help. I noticed two things when I began taking things apart.
1) The light switch I am replacing is only rated up to 15amps and my switch timer is 20amps. This is a problem, correct?
2) Before I stated that there were 2 wires going to the bottom screw of the current fan switch. It turns out it's actually one wire that has had a one inch portion stripped off in the middle and that was looped around the bottom screw.
Is it correct that I have to exchange the 20amp timer for a 15amp timer? Once that's done would I still be able to cut the looped wire where it's stripped and just pigtain it with black wire from the 15amp switch timer?
Thanks