Webinar: Planning to Ensure Full Forgiveness for Your PPP Loan
Many organizations that have received a Paycheck Protection Program loan in the recent weeks may not have taken a close look at the Program’s loan forgiveness rules and recent compliance updates. While it may have been a relief to receive the PPP loan, now is the time to carefully forecast your organization’s use of PPP funds and employment picture to maximize loan forgiveness. This webinar will cover:
- How PPP loan forgiveness works,
- The tests an organization needs to meet in order to not repay the funds,
- Updated eligibility standards causing companies to return PPP loan proceeds,
- Recordkeeping requirements and other best practices.
This webinar will help PPP borrowers develop a loan forgiveness plan, which should be accomplished before the borrower receives PPP funds, or as early as possible thereafter to avoid future issues.
Date: Thursday, May 7, 2020
Time: 10 am – 11 am
Fee: No charge
Recorded Webinar: https://www.youtube.com/watch?v=dSlbj0TUfOM