16/04/2020 · In general, the SBA has applied a multi-phase approach in determining EIDL amounts that have been historically based on the following terms (subject to change by further guidance issued by the SBA): Phase I – Based on a 4x multiple of historical Monthly Average Gross Profits (limited to $300,000).revenue, if any, and operating expenses. The maximum loan amount under Phase II processing is $2,000,000. This is your gross profit. Divide by 2 = maximum Phase I EIDL amount …09/06/2020 · Economic Injury: the eligible amount is calculated automatically by formula based on your inputs. Formula for Small Business: ((Revenue - Cost of Goods Sold) 2) - EIDL advance Formula for Non-Profit: 6 months Operating Expenses prior to 1/31/20outstanding EIDL loan of $10,000 Annual payroll: $1,500,000 Subtract compensation amounts in excess of an annual salary of $100,000: $1,200,000 Average monthly qualifying payroll: $100,000 Multiply by = $250,000 Add EIDL loan of $10,000 = $260,000 Maximum loan amount is $260,000 f. What qualifies as “payroll costs?”EIDL Formula for Calculating Loan Amount (Revenue - COGS)/2 - PPP So with PPP has more funds than EIDL, the formula to calculate has to factor in PPP. I have seen lots of people calculating EIDL Loan Amount as (Revenue - COGS)/2 but no mention of loan amount calculation | Much EIDL Loan Increase Can I Get 2021 | Amount of SBA SBA Economic Injury Disaster Loan Amount Calculations | P&NEIDL Loans Explained - Calculated Moves22/04/2021 · And you also need to know the amount of EIDL loan that you have already received either in 2020 or in 2021 okay. So, this is the formula that we think the SBA is going to use is going to be you take your 2019 gross receipts, you subtract your 2019 cost of goods sold, you divide by 12, you multiply by 24 and you subtract the amount of Idle that you have already received all right; Idle loan note Idle ;· The SBA has not published how they’re calculating these loans, but I can tell you from our experience, if you take the gross sales that were listed on the application, less the cost of goods sold number that was listed there, no matter how you defined it, whatever that number was that you’ve listed on your application, subtract those two, take 50% of that number and subtract out any EIDL grant that …

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