Making the Most of Your PPP Funds

Many businesses have been able to take advantage of the Paycheck Protection Program and have received funding from their banks. This unique program offers the ability to have the loan forgiven if the funds are managed properly and the company closely follows the rules. In this session, we will provide information and strategy to ensure that as much of the loan is forgiven as possible!

Topics presented include:

• Updates to the forgiveness guidelines
• Defining and exploring what qualifies as “payroll costs” as well as other eligible expenses
• Strategy for unique situations such as mandated closures
• Weighing what’s best for the company vs best for employees
• Interaction with Families First, Unemployment and other programs
• Timing your spending
• Most frequently asked questions & more