Ppp Schedule A Worksheet Average Fte. Ppp schedule a worksheet, table 2 totals. To calculate a borrower’s average fte during the covered period (or during the alternative payroll covered period), a borrower must enter the average number of hours paid per week for each employee, divide by 40, and round the total to the nearest tenth.
Enter the number from ppp schedule a, line 13. Enter salary/hourly wage reduction (box 3) from ppp schedule a worksheet, table 1: Enter average fte (box 5) from ppp schedule a worksheet, table 2:
Enter the borrower’s total fte in the borrower’s pay period inclusive of february 15, 2020.
Total number of hours paid / 40 = fte. Total number of hours paid / 40 = fte. Enter the borrower’s total average fte between february 15, 2020 and april 26, 2020. Enter average fte (box 2) from ppp schedule a worksheet, table 1: