PPP Loan Forgiveness: Latest Updates, Expert Insights, Downloadable Resources from blumshapiro
Chamber President Laurie White and David Fontes, partner from the tax, accounting, audit and advisory firm of blumshapiro, covered the many facets of the PPP loan forgiveness process businesses need to understand.
In his presentation, David reviewed the PPPFA and SBA rules that have been recently issued, the forgiveness application itself, filing and approval timelines and more."Throughout this whole process, it is very important to be patient. Be patient...Make sure you're talking to your advisors before you go ahead with this process. The more people you collaborate with on this process the better," David said. "Talk to your banker. Talk to your accountant. Talk to your attorneys. Talk to everybody that's involved in this process to hopefully make the best decisions for your business."Additional resources
Download blum’s free
PPP Loan Forgiveness Toolkit
SBA and Treasury Announce
Simpler PPP Forgiveness for Loans of $50,000 or Less
blum's presentation slides:
Updates Around Paycheck Protection Program Forgiveness
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