USA PPP Forgiveness Form 3580S Employee Count


Joined
Feb 4, 2021
Messages
1
Reaction score
0
Country
United States
Hi Everyone,

In regards to Forgiveness for $150,000 or less, there are two questions:

"Employees at time of loan application" & "Employees at time of forgiveness application."

1. For "Employees at time of loan application," would it be the same as what one put as employees on the PPP Loan application or was the number of employees from that application used from previous dates?

2. For "Employees at time of forgiveness application," is it like it truly says, they are asking for when you are filling this form out? Or do they mean last day of coverage period.

The reason why I am asking is because the person who applied for the PPP no longer works for the company and it is my responsibility to apply for forgiveness. I'm also asking because I read about how the SBA looks into "headcount" of employees. So I want to make sure that these answers are not related to that.

Thanks!

PPP Application.png



----------


PPP Forgiveness.png
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA PPP loan forgiveness 10
PPP Loan -- tracking of forgivable expenses 0
USA Form w2 to a Deceased Employee 0
USA Sports Coach + PPP 1
USA SBA PPP Loan 1
USA SBA PPP loan 1
USA New Employee 4
Employees loan 2

Top