PPP Loan Forgiveness Calculator

Thank you for visiting our PPP Loan Forgiveness Calculator!

In order to apply for loan forgiveness for the PPP program, you are required to complete the U.S. Small Business Administration Form 3508. This form can be complex, and in an effort to help businesses navigate through the forgiveness process, we have developed a tool that will walk you through the process and help calculate your forgiveness amount and other relevant information needed to complete your official form. You are not required to use our calculator or advice. We are not providing legal advice. We are not a lender.

To download SBA.com®’s Loan Forgiveness Calculator, you will need Microsoft Excel or similar spreadsheet program that is able to open .XLSX files. The workbook is broken out into multiple tabs that you will have to click through to complete.

 

If you’re ready to start:
Download a blank version of SBA.com®’s Loan Forgiveness Calculator here.

If you’d like to see a sample completed workbook:
Download a sample completed version of SBA.com®’s Loan Forgiveness Calculator here.

 

Once you have completed the workbook, you will need to download and complete the U.S. Small Business Administration Form 3508 with the information generated, and submitted to your PPP lender. Reminder: SBA.com® is not a lender. Please do not submit any documents to SBA.com®.

It is absolutely essential to remember that the information on this sheet is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical, may not be applicable to your individual situation and may not represent the most recent guidance published by the U.S. Small Business Administration. Be sure to consult with your bank, lender and/or qualified professional advisor and do not rely solely on the accuracy of the information inside.  

SBA.com® is not associated with SBA.gov and is a private business providing resources for small businesses.