Preparing Your Company for PPP Loan Forgiveness

“Small Business Success: Preparing Your Company for PPP Loan Forgiveness” was a free webinar that aired on May 26, 2020.

In this webinar, Diane Medley, co-founder and executive chairman of MCM CPAs & Advisors, addressed the following:

• The components of the Small Business Administration s Paycheck Protection Program (PPP) loan forgiveness application
• How the amount of your loan may affect your forgiveness procedure
• Costs that are eligible for forgiveness
• Specific ways that payroll costs and non-payroll costs can be handled under “simplified” procedures
• Clarification of some items that were not specifically addressed by the CARES Act or by prior guidance

The webinar was moderated by Robin Donovan, Editor-in-Chief of Signs of the Times, on behalf of all ST Media Group brands.