COVID-19: PPP & EIDL Loan Information

Excel Forgiveness Calculator

There are two versions of the Excel Forgiveness Calculator for PPP loans:

  • $50,000 and less: click on the following link to download this Excel Forgiveness Calculator
  • $50,001 and greater: if you would like a copy of this Excel Forgiveness Calculator, please email to request a copy. Please indicate if you want to receive any updates or revisions to this file.

You may use either of these Excel workbook at no cost; however, please review the disclaimer as well as review your loan forgiveness application, the Excel Forgiveness Calculator worksheets, and your documentation with your CPA or attorney before filing.

If you find any formula errors or have suggestions for improvements, please email


This spreadsheet is designed to reflect our current understanding of the Paycheck Protection Program forgiveness application. We can not guarantee that the embedded spreadsheet formulas and calculations will accurately calculate your forgiveness amount. You should rely on the guidance provided by the SBA and US Treasury Department, advice from your CPA or attorney, and instructions from your bank. This Excel spreadsheet has not been approved by SCORE or the SBA.


If you have any questions or comments, please feel free to contact me.