Webinar Recaps: Navigating PPP Loan Forgiveness
Navigating PPP Loan Forgiveness: Herbein
FRIDAY, APR. 24, 2020 I 11:00a.m. - 12:00 p.m. ET
MATERIALS
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Navigating PPP Loan Forgiveness:
Herbein via The Greater Lehigh Valley Chamber of Commerce
THURSDAY, MAY 7, 2020 I 9:30a.m. - 12:00 p.m. ET
MATERIALS
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Navigating PPP Loan Forgiveness
The Paycheck Protection Program (PPP) component of the Coronavirus Aid, Relief, and Economic Security (CARES) Act has a major employment stabilization goal. Its primary purpose is to provide loans to help businesses with the resources they need to maintain payroll, hire back employees who may be laid off, and cover applicable overhead during the COVID-19 pandemic.
For small businesses, one of the most appealing features of the PPP is the possibility of loan forgiveness. There is potential for a PPP loan to be forgiven up to 100%. And while the PPP is designed to help employers impacted by the COVID-19 pandemic continue to pay their employees, its loan forgiveness provision is certainly the major draw of the program.
The challenge is that small businesses have not received definitive guidance on how the PPP loan will be forgiven. This adds stress to an already difficult situation for business owners, who are now speculating what will be required in order to obtain PPP loan forgiveness. Business owners can benefit from Herbein’s in-depth understanding of the PPP, and how to navigate the PPP loan forgiveness process. Join our professionals at our upcoming webinar to gain clarity into PPP loan forgiveness best practices.
“Navigating PPP Loan Forgiveness” will cover:
- Managing PPP loan proceeds
- Managing documentation for loan forgiveness
- Understanding the PPP loan forgiveness process
- Full-time equivalent employees
- Putting it all together
- Connecting with a Herbein advisor
PRESENTERS
Herbein + Company, IncJim Michalak – Partner / Chief Information & Digital Officer
Josh Pollet – Partner
Dave Peritz – Senior Manager
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Coronavirus Resource Center: Have more questions about the impact of COVID-19 on your business? Visit Herbein's Resource Center for up-to-date information.
