Maximizing Forgiveness: A Panel Discussion on Payroll Protection Program (PPP) Loan Forgiveness

Written by HoganTaylor | Apr 16, 2020 8:38:37 PM

 

Organizations are now beginning to receive funding from Paycheck Protection Program (PPP) loans, but many of the program details outlined in the Coronavirus Aid, Relief and Economic Stimulus (CARES) Acts remain unclear. While we wait for additional guidance from the Small Business Administration, HoganTaylor thought leaders invite you to join them for a panel discussion focused on planning and tracking your expenditures to maximize the forgiveness of your PPP loans.

In this discussion we will cover the following objectives:

  • Overview of the 3 primary elements of the loan forgiveness calculation
  • Highlight key issues related to loan forgiveness that are not yet clear
  • Review the certifications that will accompany the loan forgiveness application
  • Provide considerations for documenting your use of funds and overall financial management during the PPP program
  • Summarize forecasting and data collection activities you should do now to estimate your potential loan forgiveness

Panelists for this hour long webinar include Robert Wagner, Lead Advisory Partner, Clay Glasgow, Advisory Partner, and Jason Shultz, Partner of Innovation.

HoganTaylor's Advisory Practice

If you have any questions about this content, or if you would like more information about HoganTaylor's Advisory practice, please contact Robert Wagner, Advisory Practice Lead, at rwagner@hogantaylor.com. More information is also available on the Advisory practice page of this website.

INFORMATIONAL PURPOSE ONLY. This content is for informational purposes only. This content does not constitute professional advice and should not be relied upon by you or any third party, including to operate or promote your business, secure financing or capital in any form, obtain any regulatory or governmental approvals, or otherwise be used in connection with procuring services or other benefits from any entity. Before making any decision or taking any action, you should consult with professional advisors.