Paycheck Protection Program (PPP) Loans

Max Loan Amount Worksheets

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UPDATE: As of Mar. 5, 2020, businesses may use their income or profit in addition to payroll costs to determine their max loan amount. This change is intended to help very small companies (those with less than 20 employees).

 

Max loan amount

Use these worksheets to calculate the maximum amount you can borrow, based on your tax records from either 2019 or 2020 (your choice):

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The Paycheck Protection Program (PPP) is a U.S. Small Business Administration (SBA) loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

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ECDI is one of the top U.S. SBA intermediary microlenders with a mission to invest in people to create measurable and enduring social and economic change. ECDI provides responsible, affordable lending and comprehensive small business development services to help underbanked people and communities join the economic mainstream. ECDI’s target population includes low-moderate income individuals, minorities, women, immigrants, and refugees, and those otherwise precluded from funding from a traditional financial institution.

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