Please follow the steps below in the order they are listed. The rules … Info About Acuity: We support companies that have 5-50 employees to supplement or … Payment receipts, canceled checks, or account statements documenting the amount of any employer contributions to employee health insurance and retirement plans that you included in the forgiveness amount. This document is to be shared with anyone who needs a simple tool, and walk-through instructions, for calculating loan forgiveness. We encourage you to start using our new Online Banking platform by submitting your Administrator designation now. Borrowers seeking loan forgiveness for PPP loans can apply for forgiveness through their lenders. The American Institute of CPAs (AICPA) has created a loan forgiveness calculator (excel spreadsheet download) for the Paycheck Protection Program (PPP) to … Once you identify which expenses are eligible for PPP forgiveness, it’s time to start keeping track of these expenses and calculate your potential forgiveness amount. There … CARES SBA-PPP: Loan Forgiveness FTEE Comparison - provides Full Time Equivalent Employee values for the FTEE calculation options and can be used to show if there has been a reduction of FTEEs between the selected Covered Period and the applicable Lookback Period. You will be required to upload a completed spreadsheet into the application tool. Contact your Relationship Manager for assistance. Download the PPP Loan Forgiveness Calculator. The PPP Loan Expense Tracker and Forgiveness Calculator may even be included as an Exhibit to your forgiveness application! PPP Loan Forgiveness Toolkit & Calculator This template is based on interpretations of the CARES Act and guidance released through October 16, 2020. Visit our COVID-19 Resource Center for other insights and tools surrounding the CARES Act. Google Tag Manager Dec 26, 3:02 AM EST Paycheck Protection Program (PPP) Loan Calculator Disclaimer: The information provided by the SBA.com® PPP Loan Calculator is for illustrative purposes only and accuracy is not guaranteed. If you believe that you qualify for 100% forgiveness please make sure the Estimated Forgiveness Amount is equal to your PPP loan amount. As you complete each tab in the spreadsheet, the. Please note: these calculators provide an estimate based on our interpretation of the current guidelines, and actual loan forgiveness may differ when the SBA and banks release the loan forgiveness reporting forms. 04/03/20. PPP Loan Forgiveness Calculation Form Coronavirus (COVID-19): Relief options and Additional Resources. THE PPP LOAN FORGIVENESS CALCULATOR IS FOR PRELIMINARY ESTIMATES OR MODELING OF POTENTIAL LOAN FORGIVENESS AMOUNTS ONLY. The information in this page is based on laws, rules, regulations, and related guidance with respect to the Paycheck Protection Program (PPP), including guidance issued by the U.S. Small Business Administration (SBA) on August 11, 2020.We will periodically update this information, so please check back often and consider bookmarking this page. Skip to main content. Download the PPP 3508S Loan Forgiveness Calculator. Loan Forgiveness Guidance. The SBA has partnered with a financial services technology provider to make available a secure platform (the PPP Forgiveness Platform) for lenders like VEDA to use to submit forgiveness decisions to the SBA. 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