Webinar: The A, B, C's of PPP (Paycheck Protection Program)

    May 26, 2020
    10:00 AM - 11:00 AM
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    Presented by: Dan Lortie, CPA, Managing Director, DALLE Accounting & Cash Management

    The Paycheck Protection Program (PPP) is a business loan program established by the recently enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The purpose of the PPP is to assist certain businesses, including not-for-profit entities, paying employees in the current economic uncertainties as a result of the pandemic.

    The PPP allows eligible businesses and other entities to apply for a low-interest loan to pay for payroll and other expenses such as rent, utilities and interest. The loan may be partially or fully forgiven if the business maintains its employees and keeps employee wages stable.

    The Small Business Administration oversees the program. Since the inception of the program, the rules have changed and glitches with the loan approval process have been apparent.  

    Dan Lortie, CPA and Managing Director of DALLE Accounting will provide webinar attendees with an overview of the PPP, the rules associated with the program and how NY Alliance members have successfully applied for funds. He will also highlight the limitations of the program and current rules regarding forgiveness. While guidelines for PPP forgiveness continue to evolve, this webinar will offer provider agencies with an introduction to the PPP as an opportunity for financing and discuss the forgiveness rules as they stand currently. As of May 13, 2020 PPP funds remain available through the SBA if you are eligible and have not yet applied.

    Tickets

    $25.00 Webinar Registration