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A business woman working from home starts to complete her PPP Loan Forgiveness Application form online.

What is the Paycheck Protection Program Loan Forgiveness Application from the SBA?


If you were among the first wave of businesses to receive a Paycheck Protection Program loan after the passage of the CARES Act, you’ve arrived at the point where you can seek loan forgiveness. However, the current legislation making its way through Congress could change some of the specifics related to the process, including the loan forgiveness period.

The process of applying for loan forgiveness can get complicated, so it’s important to understand what it entails so you potentially can maximize your forgiveness amount and your time in preparing the materials to complete the application.

The Small Business Administration (SBA) recently released the PPP Loan Forgiveness Application and additional guidance. Borrowers can use the application to calculate their loan forgiveness amount.

You’ll need the following material to complete the application:

  • Borrower and loan Information
  • Payroll costs from your chosen covered period
  • Non-payroll costs from your covered period
  • Your full-time equivalent (FTE) employee count

Filling out PPP forgiveness application

For the loan forgiveness application, all borrowers must submit a PPP Schedule A and the PPP Loan Forgiveness Calculation Form. Additionally, you must certify the Loan Forgiveness Application and provide support for payroll and non-payroll costs, and full-time equivalent (FTE) employee counts.

To assist in completing the Schedule A, there is a Schedule A Worksheet (optional). You are not required to use the provided worksheet but must create and retain either the worksheet or its equivalent to support your application.

  1. PPP Loan Forgiveness Calculation Form
  2. PPP Schedule A
  3. PPP Schedule A Worksheet
  4. Borrower certifications

For additional details or explanations of terms, check out our Loan Forgiveness FAQs as you work through the Loan Forgiveness Application provided by the SBA.


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Paychex is committed to providing resources to the Spanish-speaking community. To ensure we are providing the most up-to-date and accurate information, some content on this website will be shown in English, and will be provided in Spanish when available.