In this BMWL Webinar, Mike Batts walks us through the key elements of the forgiveness application process for Paycheck Protection Program Loans for nonprofit organizations.
Content includes an overview of the Paycheck Protection Program (PPP) Loan Forgiveness process along with a summary of the core elements of the forgiveness process, including:
– Application Forms
– Application Review
– Public Disclosure
– The Covered Period
– Forgivable Costs
– Reduction of Forgiveness Amount
– Ordering of Forgiveness Reductions
– Timing of Forgiveness Application
– Timing for Determinations on Forgiveness
– Documentation and Records
– Planning for Maximum Loan Forgiveness
– And more!