August 4, 2020
How will I know if we’ll be forgiven the loan amount if I cannot see whether we’ll be forgiven on the 8th tab for the forgiveness data entry? My form is giving me zeros (I have the older Excel).
Posted by Armanino Financial Advisory Team
You will be sent a replica of Schedule A after the initial review is completed, but before your forgiveness application becomes “official,” which is defined as certifying and signing the completed application. This replica will contain all the correct and approved numbers for each line of Schedule A, which then feeds into the Application itself. You will also receive in the same email an unlocked copy of the Forgiveness Calculation Model for your records, which will show how each of the numbers was determined.