Farm Credit East will hold a free Paycheck Protection Program Forgiveness webinar on July 23rd from 11 am to 12:30 pm EDT.
There have been a number of changes to the Paycheck Protection Program since its inception, and this webinar will cover the forgiveness process for the PPP, and what records and calculations will be required.
While many Northeast businesses and their employees have benefited from loans approved through the Paycheck Protection Program (PPP), a critical step is to achieve maximum forgiveness of the loan.
This webinar from Farm Credit East will provide a top-to-bottom guide on preparing for PPP loan forgiveness. Farm, forest products or fishing businesses that received PPP loans are encouraged to attend this free webinar.
The webinar will review the key records and calculations for forgiveness, including:
- ∙ Payroll records in your reference period and during the forgiveness period
- ∙ Full-time equivalent calculations and how to avoid reduction penalties
- ∙ Rate-of-pay calculations
- ∙ Which taxes should (and shouldn’t) be included in your payroll expenses
- ∙ Eligible, non-payroll expenses and how they should be documented
- ∙ Available forgiveness timelines – 24 weeks vs. 8 weeks
Consultants Keith Dickinson and Erin Pirro will discuss recent program developments and changes that have been made by the Small Business Administration.
To take part in this webinar, register at https://register.gotowebinar.com/register/4170838338945464335