Covid-19 Information for Individuals & Businesses
CARES Act: SBA, EIDL and PPP loan information
- IRS Coronavirus Tax Relief and Economic Impact Payments
- IRS unveils new People First Initiative
- SBA Disaster Loan Application
- Paycheck Protection Program Information Sheet for Borrowers
- Federal Programs Helpful For Many Small Businesses – From AICPA
- CARES Act Flow Chart for Small Businesses
- U.S. Chamber of Commerce COVID-19 PPP Small Business Guide
- Washington Bankers Association Small Business Loan Options Guide
Payroll Information
- Washington State Mandated Paid Family Medical Leave Article
- Paychex Covid-19 Customer Support Information
- IRS Paid Leave & Business Tax Credits
PPP Loan Calculators
The PPP provides three scenarios for calculating maximum loan amounts depending on how long the business has been in operation and whether it’s seasonal. While you can use the calculators below to estimate the information you’ll need to provide to your bank with the PPP application, we highly encourage you to consult with us before submitting your application to make sure you’re including all the payroll you’re entitled to and not including amounts that will be disallowed or result in funding that may not be forgivable under the terms of the PPP loan program.
- PPP Loan Calculator – Non-seasonal & In business 2/15/19-6/30/19. This calculator will apply for most businesses that operated in 2019.
- PPP Loan Calculator – Non-seasonal & NOT in business 2/15/19-6/30/19. This calculator will apply to new businesses.
- PPP Loan Calculator – Seasonal Business. This calculator will apply for clients that don’t operate year round.
Clark & Associates CPA was founded on the principals of honesty and integrity, and in helping business owners find solutions to everyday problems. We offer a variety of services designed to make running and operating your business a little easier.
Call 253-234-5732 to make an appointment.