Webcast: Clearing a Path Through the PPP Loan Forgiveness Maze
The Paycheck Protection Program (PPP) Loan Forgiveness Application has finally arrived. It is 11 pages, and has the look and feel of a tax return. The complexity of it presents a substantial challenge for someone not familiar with the PPP rules. The instructions are at best, confusing and, at worst, contradictory.
Dedicated to providing our clients with accurate direction, we have been analyzing information as soon as it becomes available. As a result, we are equipped to help you fulfill the requirements of the application process, comply with PPP rules and maximize loan forgiveness. Advance planning and expert support are essential to avoiding missteps that may jeopardize maximum forgiveness or worse, eligibility.
To keep you informed and help you prepare to apply for loan forgiveness, please see recording of webcast held on Tuesday, May 26, 2020.
Link to recording here.
PowerPoint presentation here.
Following were the topics covered:
- Decipher current loan forgiveness eligibility requirements
- Clarify the forgiveness calculations
- Present potential pitfalls to avoid prior to application submission
- Explain the Forgiveness Application process
- Introduce loan application support services
Bruce Blasnik, CPA, CGMA
Ronald F. DeSoiza, CPA, ABV