Ppp Schedule A Worksheet Table 1
Enter the amount from line 3 of ppp schedule a on line 5 of the loan forgiveness application form.
Ppp schedule a worksheet table 1. Separates into five pieces. Each box is at the bottom of table 1 referenced by a key. For lines 6 through 9 during the covered period or the alternative payroll covered period. For lines 2 and 3 you ll need the average fte box 2 and the salary hourly wage reduction box 3 from ppp schedule a worksheet table 1.
Enter the amounts from ppp schedule a worksheet tables as directed. Documents required with submission and documents. Schedule a instructions p 5 3. Ppp forgiveness application and attestation pp 3 4 1.
This tab will track the employee name identifier cash compensation from the employee worksheet tab this requires the input of the number of hours an employee worked during a specific week. Ppp schedule a worksheet table 1. Instructions for ppp schedule a. Lines 1 through 5.
Schedule a p 6 1. Enter average fte box 2 from ppp schedule a worksheet table 1. Enter salary hourly wage reduction box 3 from ppp schedule a worksheet table 1 however see salary wage hourly wage reduction for certain cases where you need to add back salary amounts. Ppp schedule a worksheet table 1.
Do not include anyone who does not live in the us any independent contractors yourself or your partners. 1 and 2 must be submitted to lender. Schedule a worksheet or its equivalent documentation supporting the listing of each individual employee in ppp schedule a worksheet table 1 including the salary hourly wage reduction calculation if necessary. Schedule a worksheet p 9 1.
List every single employee on your payroll during the covered period or the alternative payroll covered period. Although no guidance has been provided a salaried employee should be listed as working 40 hours a week. Ppp worksheet table 1. Application instructions pp 1 2 2.
Were employed by the borrower at any point during the covered period or the alternative payroll covered period whose principal place of residence is in the united states.