Paycheck Protection Program (PPP) Calculator Demo
Engage and provide tools for your customers.
Paycheck Protection Program (PPP) Calculator
Total Salaries:
Total annual gross salaries, wages, commissions, or similar compensation for those living in USA.
Please Subtract (if applicable):
- Federal employment taxes including Employee and Employer share of FICA and RR Retirement taxes imposed or withheld between February 15, 2020 and June 30, 2020.
- Income taxes required to be withheld from employees.
- Qualified sick and family leave wages for which a credit is allowed under Families First Coronavirus Response Act.
$
Employees with Salaries Over $100K
Number of Employees:
Total number of employees who make over $100,000 per year.
Total Salaries Over $100K:
Please add up annual gross salaries for employees over $100K and enter the total here.
Please Subtract (if applicable):
- Federal employment taxes including Employee and Employer share of FICA and RR Retirement taxes imposed or withheld between February 15, 2020 and June 30, 2020.
- Income taxes required to be withheld from employees.
- Qualified sick and family leave wages for which a credit is allowed under Families First Coronavirus Response Act.
$
Reduction Total:
Reduction of total salaries for amounts over $100,000.
$0
Adjusted Total Payroll:
Annual salaries with $100K max adjustment calculated.
$0
State Taxes:
Total annual state and local taxes assessed on compensation of employees.
$
Retirement Benefits:
Total annual 401(k) match or like benefits.
$
Medical, Dental & Vision Benefits:
Total annual insurance contribution.
$
Miscellaneous:
Total annual FSA, HSA, Payroll Processing Fees, Life & Disability Insurance.
$
Total Annual Eligible Payroll Costs:
$0
Average Monthly Payroll:
Total annual eligible payroll costs divided by 12-months.
$0
PPP Loan Amount:
Your average monthly payroll multiplied by 2.5.
$0
