This template is based on interpretations of the CARES Act and U.S. Treasury guidance released March 31, 2020 and April 2, 2020.
There are areas of the Act where additional clarification from the Treasury and SBA is needed. Your judgement and interpretations of the Act may be necessary.
NOTE: This loan forgiveness calculator is based on the original CARES Act and uses an 8-week covered period. The provisions in the Paycheck Protection Program Flexibility Act of 2020 are not addressed