Your Paycheck Protection Program (PPP) loan, through the Small Business Administration, may be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor approved lenders will charge small businesses any fees.

This Estimator is provided to help you estimate your potential loan amount/benefit under the CARES Act (COVID-19 relief package) passed March 27th, 2020. These estimates are for illustrative purposes only, and should not be relied upon for a guarantee of loan amount or loan forgiveness.
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LOAN ESTIMATOR 
(Input Your Costs & Estimates) 

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If you have questions regarding your estimations, CONTACT US.