Tips to Achieve Forgiveness for your SBA Paycheck Protection Program Loan

October 07 2020 TO October 07 2020

 COVID-19 Financing Capital

Under the Paycheck Protection Program (PPP) loans may be forgiven if borrowers use the proceeds to maintain their payroll and pay other specified non-payroll costs. The Treasury Department and U.S. Small Business Administration recently released new guidance on how to be in compliance with loan requirements. In this webinar, we will review the two loan forgiveness application forms and supporting documents for allowable expenditures, and provide information on what a borrower needs to do to maximize loan forgiveness. Topics also include: • How to calculate the amount of forgiveness, and determine the maximum amount of possible forgiveness.

 

This training will be conducted via Zoom. Advanced registration is required. You will need internet access, a laptop with camera and a microphone to join this class. Prior to the training, it is recommended to sign up for a Zoom account https://zoom.us/signup and download the Zoom app from the Zoom Download Center https://zoom.us/download.

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