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The PPP Schedule A Worksheet walks the Borrower through the necessary calculations to determine whether the entire amount of the PPP Loan is eligible for forgiveness, and if not, calculates the ...
Reductions to loan forgiveness amount Schedule A and the Schedule A Worksheet (Worksheet) must be completed to determine whether the loan forgiveness amount will be subject to reduction.
The components of the application include the PPP loan forgiveness calculation form, PPP Schedule A and the PPP Schedule A Worksheet. The form and instructions include several measures to reduce ...
PPP Schedule A Worksheet or its equivalent and the following: Documentation supporting the listing of each individual employee in PPP Schedule A Worksheet Table 1, including the “Salary/Hourly ...
Line 5: Enter Average FTE (Box 5) from PPP Schedule A Worksheet, Table 2: Drop in the FTEs you computed in Table 2. Lines 6 – 8: Non-Cash Compensation Payroll Costs During the Covered Period or ...
The application has four components: (1) the PPP Loan Forgiveness Calculation Form; (2) PPP Schedule A; (3) the PPP Schedule A Worksheet; and (4) an (optional) PPP Borrower Demographic Information ...
For payroll costs, the business must outline these in a PPP Schedule A Worksheet and must identify each employee paid during the eight-week period.
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