PPP Budget Planning - Updated for PPP2

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PPP Budget Planning - Updated for PPP2

With our PPP budget planning worksheet you can be sure that your PPP money is being used properly for when you go to request forgiveness.

We’re sharing this tool with any small business that could benefit from financial clarity and level-headed decision making during these unprecedented times.

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This Worksheet Contains

PPP Usage Budget Example
PPP Usage Budget Corpos - 24wks
PPP Usage Budget Sch C - 24 wks
Owner Compensation Calculator
Gross Receipts Decline Test for Eligibility

Plan ahead with this budget worksheet to be sure that your PPP money is being used well so you can request forgiveness.

PPP2 Budget Planning - 2021_v4.xlsx

89.1 KB

Walkthrough Video

The SBA and Treasury released an interim rule on June 22 that clarified the maximum forgiveness for owner compensation. This further clarified that each entity type would be calculated differently. Interim Rule is here: https://home.treasury.gov/system/file...

In this video we go through how to calculate the max forgiveness amounts for owners of Sole Proprietors (Schedule C), Farms (Schedule F), General Partnerships, C-Corps, and S-Corps.

In the spreadsheet shown, the calculations are done for you - you just need to fill in your 2019 compensation!

To book a time to talk about your PPP Loan go here: https://claracfo.as.me/claritysessions