VIDEO: PPP Loan Forgiveness Application Webinar Recording
On May 15, 2020, the U.S. Small Business Administration and U.S. Treasury released additional guidance related to Paycheck Protection Program loan forgiveness. This time the guidance came in the form of the Application for Forgiveness.
On May 19, 2020, Delap hosted a webinar to review the PPP Loan Forgiveness Application and identify the nuances of the application and the guidance. Delap partner Harriet Strothers, CPA, and Delap senior manager Kyle Renalds, CPA, CFE, lead the presentation.
The Nuances of the Paycheck Protection Program Loan Forgiveness Application and Guidance webinar includes:
- A walk through of the Application for Forgiveness
- Expanded definition of covered period
- Definition of incurred and paid
- Required attestations
- Required documentation
Understanding the opportunities and risks will help loan borrowers spend PPP funds in the most financially efficient manner. Watch the recording of the webinar below:
If Delap professionals can be helpful to you as you evaluate your options during this time, please don’t hesitate to reach out.