FOLLOW-UP: How to Manage PPP Loan Forgiveness
How to Manage PPP Loan Forgiveness
Tueday, June 16th
12:00 pm - 1:00 pm CDT
Register: https://www.eventbrite.com/e/how-to-manage-ppp-loan-forgiveness-tickets-108063065538?utm_medium=email&_hsmi=89533172&_hsenc=p2ANqtz-_20_bQU2A6pNNCzT49pBa0xtmltaYUd_lUVYPnETbbD4dinX3sk_L2XidjwZsqn0hXU8Kb0OSdm4NLtcc6HZRG6hOcFemrKqKg1H2BDXhBdf2yquA&utm_content=89533172&utm_source=hs_email
Congress voted to make major changes to the PPP on June 3rd, extending the forgiveness window from eight weeks to 24 weeks providing much-needed flexibility for PPP borrowers to jumpstart their businesses.
Join John Lanahan, Director of Financial Strategy at Compass East to learn about all of the structural changes to the program and how they benefit small businesses. In addition to reviewing guidelines, John will provide actionable insights on how to properly track the use of PPP funds to maximize forgiveness and survive a future audit from the SBA. This workshop will cover:
- The latest PPP Forgiveness Guidelines and recent structural changes to the program
- How to calculate your forgiveness amounts
- How to set up and track all necessary documentation for your lender
- Compass East will provide a free Forgiveness Calculator to all attendees