John Forbes from HW&Co and Ivan Golden of Hahn Loeser return with an update on the Paycheck Protection Program. Watch their previous webinar on PPP on April 24 here.

TOPICS

1. PPP Updates
   • Cash versus accrual
   • Payroll reporting
   • FTE planning
   • Better definition of qualifying non-payroll related expenses
      
2. Preparation of the PPP Loan Application, including sections of the application and underlying support. 
    
3. The Main Street Lending Program, a new offering created by the Federal Reserve to help businesses during the ongoing COVID-19 crisis and accompanying economic downturn. It is a alternative to the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan (EIDL) program and the Express Bridge Loan program.
   • Companies that have already applied to the PPP are also eligible for loans through the Main Street Lending Program. 

The link to the webinar will be sent to registered participants the morning of the webinar.