It’s been an intense couple of weeks. The next task for those who submitted loan applications for the Paycheck Protection Program (PPP) will be to determine how much of the loan will be forgiven. The attached template should help – it is intended as a planning tool. Guidance is sparse and we expect the administration and SBA to fill in the gaps over the next several weeks. We will amend and add to the template as information becomes available.
CLICK HERE to download the Paycheck Protection Program Forgiveness Template (excel).