![]() The calculator is not designed to cover every unique situation. Then, once you have computed the payment, click on the 'Create Amortization Schedule' button to create a chart you can print out. Our team understands the concerns you have as a business owner, we care and we are here to help. The SBA.com PPP Loan Calculator is designed to give you an estimate of the amounts involved in your PPP loan specifically your estimated maximum loan amount and the estimated forgivable amount of your PPP Loan. This calculator will compute a loans payment amount at various payment intervals - based on the principal amount borrowed, the length of the loan and the annual interest rate. We appreciate the trust you have placed in us and are diligently focused on providing continuous excellent service through this time of uncertainty. The SBA.com® PPP Loan Calculator is designed to give you an estimate of the amounts involved in your PPP loan specifically your estimated maximum loan amount and the estimated forgivable amount of your PPP Loan. To apply for forgiveness of a Paycheck Protection Program (PPP) loan, borrowers will be asked for a count of their full-time equivalent (FTE) employees. ![]() Then, we took it a step further and developed our exclusive loan forgiveness calculation tool simply because our clients needed us to. Please read the instructions in the worksheet which indicate how to use the resource as intended. To calculate your payroll costs, you can use averages costs from calendar year 2019 or from the previous 12 months. Treasury because the initial legislation lacked clarity specific to our clients' businesses. The team at Laufer LLP has invested hundreds of hours in fully understanding the Paycheck Protection Program so we could advise our clients effectively. Interactive PPP Loan Calculator The SBA.com® PPP Loan Calculator is designed to give you an estimate of the amounts involved in your PPP loan specifically your estimated maximum loan amount and the estimated forgivable amount of your PPP Loan. If you have any questions we invite you to contact us by calling (631) 226-9600 to receive personalized guidance specific to your business. Updated Visit our COVID-19 Resource Center for other insights and tools surrounding the CARES Act. Download the Information Checklist to Apply for PPP Loan Forgiveness. Question: I am self-employed and have employees, how do I calculate my maximum First Draw PPP Loan amount (up to 10 million) if I use net profit (Note that PPP loan forgiveness amounts will depend, in part, on the total amount spent by the borrower during the covered period following disbursement of the PPP loan. Download the 24-Week Full Time Equivalent (FTE) Calculator. Download the 8-Week Full Time Equivalent (FTE) Calculator. Laufer LLP’s loan forgiveness calculator was designed to be comprehensive in nature, taking into account all of the different components needed for loan forgiveness so small business owners can properly manage labor and qualifying expenses. Download the PPP Loan Forgiveness Calculator. Condominiums, Co-ops & Homeowners Associations.
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