<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=211695515988922&amp;ev=PageView&amp;noscript=1">

PPP Loan Forgiveness Estimator

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:

  • An estimate of how much of your loan will be forgiven.
  • Steps to take NOW to increase your chances for MAXIMUM loan forgiveness.
  • What documentation is needed to successfully apply for loan forgiveness.

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

Everyone is required to APPLY for forgiveness 

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.

 
FAQ
shutterstock_772652830

Get the Complete Guide

Upon calculator completion, you will gain access to the PPP loan forgiveness downloadable guide. Use the guide to find out your required documents and better position yourself for maximum loan forgiveness.

Don’t Miss Out on Full Loan Forgiveness 

If you do not apply for loan forgiveness, you  will be fully responsible for repayment on any PPP loan principal and interest, even if  spent on payroll, rent, mortgage, interest or other qualified expenses.

LOAN FORGIVENESS FAQ
 

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. 

Copyright © 2020 StreetShares, Inc. 

Olympia Federal Savings & Loan Association and the Olympia Federal Savings & Loan Association logo are service marks owned and used by Olympia Federal Savings & Loan Association.