Review of the PPP Loan Forgiveness Application

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Under the Paycheck Protection Program (PPP) loans may be forgiven if borrower’s use the proceeds to maintain their payrolls and pay other specified expenses. The Treasury Department and Small Business Administration recently released an eleven-page borrower application form and instructions for loan forgiveness.

People have a lot of questions. Join us for a FREE webinar to review the application and to learn what a borrower needs to do to apply for possible loan forgiveness.

Topics include:

• An overview of documentation required.
• A review of eligible expense for possible loan forgiveness, what is a payroll vs. non-payroll expense?
• The process to calculate the amount of forgiveness and how to determine the maximum amount of possible forgiveness.