Congratulations on getting your Paycheck Protection Program (PPP) loan! It’s time to consider applying for forgiveness.
The calculator helps PPP borrowers quickly estimate their loan forgiveness amount and be prepared to apply for forgiveness.
On completion, you'll get:
Give yourself the best chance at a successful loan forgiveness process by getting started with the calculator now.
PPP Loan Forgiveness Calculator Version Date: June 9, 2020
Loan forgiveness is not automatic. You will need to submit an application before being considered for loan forgiveness approval. This calculator is not an application for loan forgiveness. We will contact you when the loan forgiveness application is available.
Check out our frequently asked questions for more detail on PPP loan forgiveness.
Important Note: PPP Loan Forgiveness guidance is set by the U.S. Small Business Administration (SBA) and is subject to change. Please check our FAQ page to see the latest changes regarding the rules and restrictions applicable to PPP Loan Forgiveness. This calculator is for information purposes only. Neither Olympia Federal Savings & Loan Association ("SBA Participating Lender") nor StreetShares is counseling or advising you or any business about the availability or likelihood of receiving PPP Loan Forgiveness.
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