The 60% Payroll Requirement calculation is to establish what could be the maximum amount based on 60% of the payroll cost.  The calculation is as follows:

• Payroll Costs (Line 1) / .60

Within Ventures the interface will display as shown below (keep reading below the image):

• This calculation establishes an amount and places it in Line 10
• The actual forgiveness will be the smaller number of lines 8, 9 or 10

In this example:  The loan Amount is $35,000 (Line 9).  The borrower has $30,000 in Payroll Costs (Line 1).  The calculation would create an allowance of $50,000 (Line 10).  As currently displayed in the example they are not receiving full forgiveness yet based on the data entered as the $30,000 (Line 8) is the lesser of line 8, 9, 10.   If they have additional costs to enter in Lines 2-4 (non-payroll costs) that would be factored in and increase the amount of their Forgiveness.