WEBINAR - Paycheck Protection Program (PPP) Loan - Reasonable Accountability and Forgiveness Approaches

5/26/2020 at 11:00 AM to 12:00 PM

Event Description

Speaker: Frank J. Macciocca, Esq. 

1 Substantive Credit 

Key takeaways for a Continuing Legal Education (CLE) participant include:
* To understand the post-application process and your responsibilities when accepting the loan proceeds.
* To learn about what continues to be a moving target of mixed Small Business Administration (SBA) and Department of the Treasury guidance.
* To establish a baseline for communication with the lender about your documented accounting for eligible costs (e.g. payroll, rent, utilities).
* To formulate ways to partner with the lender to maximize your chances of receiving 100% loan forgiveness so the PPP loan converts into a grant.
* To feel comfortable making a business decision regarding the consequences of restoring full-time equivalents (FTEs) and its impact on loan forgiveness.
* To prepare for possible disputes or controversies and how to assist both your firm and your clients navigate roadblocks after the end of PPP’s 8-week covered period.


Please click here to register online or send registration forms to Elizabeth Reed at elizabeth@lancasterbar.org.

*The LBA staff is still working from home, so please do not send registration forms in the mail because they may not be received in time for online CLE links and materials to be send out.