PPP Loan Forgiveness Workbook FAQs
Q: The workbook will not allow me to enter any non-payroll PPP costs on the Forgivable Costs tab because the cells are “blacked out”.
A: Please ensure the Cover tab is completed in full. Once the Cover tab is completed, the Forgivable Costs tab will now allow the user to enter information. NOTE: Please make sure the “scroll bar” is fully to the left to view all applicable columns.
Q: I have a new employee who worked during the covered period but did not work for us in Q1. How do I enter pay data for them in Step 3?
A: All employees must first be “activated” in Step 2 even if they did not work for you in Q1. In Step 2, enter their name and ID number followed by either: A) $1 and 1 hour in column D and E (if hourly) or B) $1 and 1 week in columns F and G (if salary).