Tracking expenses is an important part of maximizing PPP loan forgiveness. Once you identify which expenses are eligible for PPP forgiveness, it’s time to start keeping track of these expenses and calculate your potential forgiveness amount. The Anders CARES Act Research and Response Team put together tracking tools you can use to make it easier when it comes time to start the loan forgiveness process.
Please note: these calculators provide an estimate based on our interpretation of the current guidelines, and actual loan forgiveness may differ when the SBA and banks release the loan forgiveness reporting forms.
Visit our COVID-19 Resource Center for other insights and tools surrounding the CARES Act. To discuss how we can best assist you and the associated fees, contact an Anders advisor below.All Insights