In a blog post earlier today, we provided an overview of the Payroll Protection Program (PPP) including eligibility, how the maximum loan amount is calculated, forgiveness considerations and more. In that post, we shared the full text of the Interim Final Rules. We are also now able to share a PPP payroll and loan calculator provided to us by the AICPA. The payroll calculator covers the three scenarios outlined in the Interim Final Rules. The AICPA expects to update the calculator as additional guidance is made available by Treasury and the SBA, so be sure to check back. The file is available for download here.
Payroll Protection Program Payroll and Loan Calculator
Updated: Apr 4, 2020