Will you be forgiven? Now that you have received PPP funding, you may be wondering or confused about PPP loan forgiveness. This workshop provides you with a detailed understanding of how to apply for forgiveness. For those who have not yet applied, you will also learn the terms and conditions for PPP funding.

The topics include:
• PPP Purpose, overview and terms
• The 60/40 Rule
• Definitions of Payroll Costs
• Definitions of Non-Payroll Costs
• Covered periods for funding expenses
• How to calculate Payroll Costs and FTE reductions
• What to do if Employees refuse to come back to work.
• How to complete the forgiveness calculation
• Documentation for forgiveness
• Tax issues related to forgiveness