Preparing Your Company for PPP Loan Forgiveness
“Small Business Success: Preparing Your Company for PPP Loan Forgiveness” was a free webinar that aired on May 26, 2020.
In this webinar, Diane Medley, co-founder and executive chairman of MCM CPAs & Advisors, addressed the following:
- The components of the Small Business Administration's Paycheck Protection Program (PPP) loan forgiveness application
- How the amount of your loan may affect your forgiveness procedure
- Costs that are eligible for forgiveness
- Specific ways that payroll costs and non-payroll costs can be handled under “simplified” procedures
- Clarification of some items that were not specifically addressed by the CARES Act or by prior guidance
The webinar was moderated by Robin Donovan, Editor-in-Chief of Signs of the Times, on behalf of all ST Media Group brands.