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Payroll Protection Loan Calculator – 2329





If you are in the US and run a small business, the Payroll Protection Loan program goes live on Friday April 3, 2020. This plan offers an incentive to keep your employees on board for eight weeks. It offers a very-low-interest loan to cover eight weeks of payroll, and the loan can be forgiven if you keep your people employed at the same salary through the eight weeks.
Info from Treasury Department:
Sample Application Form:
Quick Max Loan Calculator:

source

6 comments

  1. Wow!!!! Awesome, timely video, Mr Excel!!!!!!!

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  2. Thanks

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  3. And where can I get a copy of that spreadsheet?

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  4. Thanks – fast turn around. Where did you see the info about adding back the Federal withholding and FICA/Mdcr. I didn't see it in the link or online

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  5. THANK YOU for this information – spreadsheet in description!!!!

    Reply
  6. Thanks Mr Excel : ) : )

    Reply

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