Ppp Loan Calculator Spreadsheet Template
Please keep in mind that these calculations are based on our current understanding of the guidelines and are subject to change.
Ppp loan calculator spreadsheet template. Input payroll data into the spreadsheet. Nothing on this website is an offer or a solicitation for a loan. It wil be applied to your actual expeditures for the 8 week period following the first deposit you receive from your ppp loan. Furthermore since a portion of the ppp loan can be used for mortgage lease and utility obligations gather documents to verify that you make those types of payments.
This calculator is for non self employed businesses with payroll. See our advertiser disclosure for more information on how we try to connect you with a paycheck protection program ppp lender or other small business lenders. This website is not a lender and does not broker loans make loans or make any credit decisions. This template is based on interpretations of the cares act and guidance released through april 14 2020.
Again we expect the banks to have different interpretations of which expenses qualify but we recommend to start gathering this information in one central place so. The ppp loan calculator tab may be used to calculate your maximum eligible loan under the paycheck protection program up to 10 million. Fma ppp calculator xls updated tuesday 4 7 11 am et this calculator will help you estimate the average monthly payroll and loan amount for your application. Please click the link to excel button below to launch the ppp loan forgiveness calculator.
Simply enter the amounts in the yellow cells for each column. Ppp loan forgiveness calculator share. Fma ppp guidance for 1099s independent contractors new as of thursday 4 23 10 30 am et.