Ppp Loan Forgiveness Worksheet Instructions. Enter the amount of business rent or lease payments paid or incurred for real or personal property during the covered period, pursuant to lease agreements in force before february 15, 2020. If your calculated payroll costs, including salary/hourly wage reduction and fte information (if applicable), are equal to or greater than your ppp loan amount, you can request forgiveness for your full ppp loan without submitting
Ppp loan forgiveness application breakdown. To get started on your ppp loan forgiveness application we suggest starting with the ppp schedule a (page 3 of sba form 3508). On june 16, the sba revised it.
Instructions for ppp schedule a worksheet.
This is displayed for purposes of sba’s compliance with the paperwork reduction act, and reflects the temporary expiration date for approved use of the forms. The first page has instructions for the ppp loan forgiveness calculation form. The form is broken down into the following sections: A checklist for borrowers to determine if they can apply for forgiveness of ppp loans using sba form 3508ez
