SBA Paycheck Protection Program: New Guidelines on Loan Forgiveness

Image: SBA Paycheck Protection Program: New Guidelines on Loan Forgiveness

May 27, 2020


Registration Closed

The SBA Paycheck Protection Program (PPP) Loan Forgiveness Application and instructions, released on May 15, provide important new guidance and clarifications for borrowers on the subject of loan forgiveness. Additional regulations and guidance are expected to further assist borrowers with forgiveness calculations that are required for the application.

Join Marks Paneth professionals Mark Baran and Jay Brower for a live webinar on May 27 discussing how PPP borrowers can use the latest guidance to effectively complete the SBA Loan Forgiveness Application and maximize loan forgiveness. Topics will include: 

  • PPP loan forgiveness application calculation methods and process
  • Identifying “paid or incurred” amounts
  • Benefits of “alternate payroll covered period”
  • Computing full-time equivalent (FTE) employees
  • Forgiveness reduction exemptions and exceptions
  • Lender responsibilities and required documentation
  • Planning for possible 8-week forgiveness timeline extension

Featured Speakers

Image: Mark R. Baran
Mark R. Baran
Image: James (Jay) M. Brower, Jr.
James (Jay) M. Brower, Jr.
Partner, State and Local Tax Leader