Resources

WOLF & CO Events & Webinars COVID-19: PPP Loan Forgiveness, New Guidance

COVID-19: PPP Loan Forgiveness, New Guidance



Date Presented

June 4, 2020

Presenters

Cynthia R. Boehmer
Daniel F. Morrill
Michael C. Stravin

Summary

If you or your customers have received, or expect to receive, a Paycheck Protection Program (PPP) loan, new guidance has raised several questions and concerns regarding forgiveness.

In this webinar, we discuss:

  • What documentation has to be submitted and retained to qualify
  • What expenses qualify for forgiveness
  • Considerations when calculating the reduction in forgiveness
  • What are the responsibilities of the lender