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Seeking Forgiveness for a Paycheck Protection Program Loan

July 23, 2020 @ 1:00 pm - 2:00 pm

COVID-19 Resources
https://unitedhorsecoalition.org/covid-19-resources

Seeking Forgiveness for a Paycheck Protection Program Loan
Thursday, July 23rd 2020*  3:00 – 4:00PM ET
This complimentary webinar is for nonprofit financial leaders who have received a Paycheck Protection Program (PPP) loan and want to prepare effectively to seek loan forgiveness.

In early June, Congress approved the PPP Flexibility Bill, which authorized key changes including extending the PPP and the rehiring deadline to December 31, 2020 and expanding the covered period for loan use from eight weeks to twenty-four weeks. Now, we can start to interpret and apply implementation guidance from the Small Business Administration (SBA).
In this session, Gina McDonald, CPA of FMA will share detailed guidance for nonprofit leaders, including:

  • A refresher on how organizations can and cannot spend PPP funds
  • Guidance on estimating “FTE’s”
  • Navigating the forgiveness process and applications
  • Other decisions related to PPP that organizations will need to make

CLICK HERE TO REGISTER FOR THIS FREE WEBINAR

Details

Date:
July 23, 2020
Time:
1:00 pm - 2:00 pm
Event Category: