Scratch
  • Why Scratch

    Why Scratch

    As your loan servicing partner, we're dedicated to empowering your borrowers, your capital partners, and your team.

    • Users

      • Borrowers
      • Lenders
    • The Scratch way

      • Overview
      • Loan innovation flexibility
      • Better borrower experience
      • Actionable insights
  • About
  • Careers
  • Help center
Contact us Log in
  1. Scratch
  2. PPP
  3. Forgiveness Application Questions

Forgiveness Application Questions

Follow New articles New articles and comments
  • Can I use the SBA PPP Direct Forgiveness portal when applying for forgiveness?
  • Which NAICS codes are accepted by the SBA?
  • What qualifies as “gross receipts” for my business when I am entering amounts for my revenue reduction?
  • If I have two PPP loans in 2021, can my Covered Periods for the two loans overlap?
  • I submitted my first draw forgiveness application to Scratch already - why won’t it let me access my second draw application yet?
  • What quarters or reference periods can I compare to show I experienced a 25% or more revenue reduction?
  • Why do I need to upload documentation to show my 25% or more revenue reduction?
  • Which reference quarters should I use to show my 25% or more revenue reduction? Can I use an annual comparison instead?
  • What documentation do I need to provide to corroborate that my entity sustained at least a 25% reduction in gross receipts?
  • If I have self-employment income and file a Form 1040, Schedule C or F, which of my nonpayroll costs are eligible for forgiveness?
  • How does a reduction in my employees’ salary or wages affect my loan forgiveness amount?
  • Do I qualify for the Salary/Hourly Wage Reduction Safe Harbor?
  • Will I be doubly penalized if I had reductions in both the number of employees and in employees’ salary and wages?
  • Who is an "owner"?
  • Does the cost of a housing stipend or allowance provided to an employee as part of compensation count toward payroll costs?
  • How do I calculate the total cash compensation costs paid during the Covered Period for employees who received cash compensation under $100,000 in 2019?
  • Should payments made to an independent contractor or sole proprietor be included in calculations of my payroll costs?
  • Are salary, wages, or commission payments to furloughed employees; bonuses; or hazard pay during the Covered Period eligible for loan forgiveness?
  • What qualifies as cash compensation?
  • Why do I need to separate employees that make more than $100,000 annual salary from other employees in calculating payroll costs?
  • How do I calculate the prorated cash compensation costs for all employees who received cash compensation that was greater than an annualized rate of $100,000 in 2019?
  • Should I count non-cash benefits when I am determining which employees had compensation in excess of an annual salary of $100,000?
  • When are payroll costs considered paid vs. incurred?
  • Are there caps on the amount of loan forgiveness available for owner-employees and self-employed individuals’ own payroll compensation?
  • Can fishing boat owners include payroll costs in their PPP loan applications that are attributable to crewmembers described in Section 3121(b)(20) of the Internal Revenue Code?
  • Is interest on unsecured credit eligible for loan forgiveness?
  • How do I calculate average FTE over a period of time?
  • How does a reduction in full-time equivalent (FTE) employees affect my loan forgiveness?
  • What is a reference period?
  • If I am a sole proprietor, self-employed individual, or independent contractor, do I count myself as an employee?
  • 1
  • 2
  • 3
  • ›
  • »
  • Why Scratch?

    • Overview
    • Loan innovation flexibility
    • Better borrower experience
    • Actionable insights
  • Users

    • Borrowers
    • Lenders
  • Company

    • About
    • Careers
    • Contact us
  • Resources

    • Help Center
  • Legal

    • Terms of service
    • Privacy policy
    • NMLS Consumer Access

© Scratch Services, LLC NMLS #1495691. 375 Alabama St UNIT 360, San Francisco, CA 94110. This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

*not for use by New York residential mortgage borrowers

Can't find what you're looking for? Submit a request