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Applying for PPP Loan Forgiveness - Webinar

Dec
8
2020
Tue 9:00 AM to 10:30 AM
Online
Topic: COVID-19

If you received a Payroll Paycheck Protection (PPP) loan for you small business, you may be concerned about applying for forgiveness and the repayment terms. In this session, we'll clarify the facts of PPP forgiveness and provide guidance to help you apply, while debunking the myths about qualification. We will outline the application process including the following: · Criteria for forgiveness, including the types of expenses that qualify · Which application to use (3508, 3508EZ, or 3508S) as a sole proprietor, independent contractor or LLC (with or without employees) · Applicable deadlines · What type of documentation is required to submitted to support expenses and forgiveness · Defining your “Covered Period,” and when expenses should be paid in order to be forgiven · Outlining what happens if the loan is forgiven, or only a portion is forgiven

Speaker(s): Darryl Horton - Senior Business Consultant

Co-Sponsor(s): Black Business Alliance of Greater Lansing

• We will be unable to provide technical assistance for accessing the webinar beginning 30 minutes prior to the start of the webinar. • Reasonable accommodations for persons with disabilities will be made if requested in advance. • Fee: $10.00 for non-Michigan residents. • Contact Capital Region SBDC at sbdc@lcc.edu


Fee: No Cost

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