SBDC PPP Forgiveness Webinar

Description

Will you be forgiven? Now that you have received PPP funding, you may be wondering or confused about PPP loan forgiveness. This workshop provides you with a detailed understanding of how to apply for forgiveness. For those who have not yet applied, you will also learn the terms and conditions for PPP funding.

The topics include:
· PPP Purpose, overview and terms
· The 60/40 Rule
· Definitions of Payroll Costs
· Definitions of Non-Payroll Costs
· Covered periods for funding expenses
· How to calculate Payroll Costs and FTE reductions
· What to do if Employees refuse to come back to work.
· How to complete the forgiveness calculation
· Documentation for forgiveness
· Tax issues related to forgiveness

Register: https://zoom.us/meeting/register/tJAof-ytrD0oHND4xgx_x8SDx4o_a77Wylme