PPP Forgivable amount Calculation Excel

You can download the PPP loan forgivable amount Excel from download page in our website. It was created by AICPA. We examined this Excel during the weekend, but it's so complicated that we have not figured it out yet (sweat). We realized that the biggest problem is when we reduce employee's salary by 25% or more or, when the number of employees is smaller than before COVID 19. There are number of reason that why your employee is not coming back to work because employment insurance is so good or does not want to work because of fear of COVID19. For that case, SAFE HARBOR RULE comes in here. As long as you have written document from your employee for the reason not coming back, it will be SAFE HARBROR. OR

If you keep your salary level and number of employees to pre-COVID19 by June 30, you will be also under SAFE HARBOR RULE. So, as I wrote in the blog before that, please prepare a document confirming that the employee will come back or not. Otherwise, not only the calculation of reduction of salary and number of employees get very complex, but also your PPP will be mostly loan.

We do not basically assist for this calculation, so we recommend that you are ready for that. Please check with them how they can help.

17回の閲覧0件のコメント

最新記事

すべて表示

PPP FORGIVENESS APPLICATION CPB version

For those who need to apply PPP Forgiveness through CPB, please see this and follow instruction. Please find email from CPB title Apply for PPP loan forgiveness. PPP forgiveness application must be do

もうそろそろPPPの恩赦まだの方はやってみましょう!

PPPの金額が15万㌦まで増やされたので、殆どの小規模のビジネスの方はF3508Sの簡単なほうのフォームを使うことができます。 3508Sの要な情報は ローンを受けた時にいた従業員の数 PPPのうちいくらをPAYROLLで使ったか。お給料として60%を使用するというルールは一緒です。 ローンの合計金額 法律に従ってPPPを使用したという宣誓書 第一回目のPPPの申請者は特に追加書類必要なし 第2回

飲食店活性化財政支援プログラム 5/3 スタート

もらえる金額は2019年と2020年の総収入から1回目、2回目のPPPを除いた差額を申請することができます。 詳しくは申請用紙をよくご覧ください。 下記、間違いやすい点をいくつか列挙いたします。 申請用紙 #7は、フランチャイズや、支店がない限りは NO #8は、上記の質問に従ってそのフランチャイズなどの規定で運営しているかということですからNO ご準備していただく書類ですが、申請用紙のほかにFO