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AICPA PPP Loan Forgiveness Calculator


May 18, 2020

On July 20, the AICPA and fintech lender Biz2Credit launched a new site to help borrowers and CPAs complete the forgiveness application for Paycheck Protection Program (PPP) loans.

Go to PPPForgivenessTool.com

This platform automates the forgiveness process for small business owners who received funds from the PPP. The tool incorporates the PPP forgiveness calculator developed by the AICPA and is available to any business approved for a PPP loan, regardless of the lender it worked with to receive funding. See full article.


6 comments

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  1. JM | Jul 24, 2020
    Will this be updated using the new rules as of July (i.e 60% payroll requirement, 24 week period)?
  2. JM | Jul 24, 2020
    Will this be updated with the new rules (24 week vs 8 weeks, 60% payroll vs 75%)?
  3. Mike | May 21, 2020

     

    Thanks for this. THis is really helpful.

     

    Is there a way to unlock the workbook? 

    Column K on Payroll Accumulator is locked. Also, I'd like to increase the number of rows so I can fit all employees. 

     

    Thanks,

     

  4. Adam Hale | May 20, 2020
    Can you please provide password to unprotect the cells?  You protected a 'blue' column for entering employee hours during the covered period.
  5. Bud Goggans | May 20, 2020

    The AICPA PPP Loan forgiveness Calculator only allows you to do salary on payroll accumulator tab. You can't enter average hourly wages in column k also we need to change the weeks paid in column f

    We need the password to unlock the spreadsheet.

     

  6. Roger Sipe | May 19, 2020

    The Payroll Accumulator worksheet has a locked field that is supposed to be an input field.

    Col K calls for average hours worked for hourly employees, but the field is locked. 

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