Seeking Forgiveness for a Paycheck Protection Program Loan
Presenter: Nonprofit Quarterly
Cost: Free
This webinar is for nonprofit financial leaders who have received a Paycheck Protection Program (PPP) loan and want to prepare effectively to seek loan forgiveness.
In early June, Congress approved the PPP Flexibility Bill, which authorized key changes including extending the PPP and the rehiring deadline to December 31, 2020 and expanding the covered period for loan use from eight weeks to twenty-four weeks. Now, people can start to interpret and apply implementation guidance from the Small Business Administration (SBA).
In this session, Gina McDonald, CPA of FMA will share detailed guidance for nonprofit leaders, including:
A refresher on how organizations can and cannot spend PPP funds
- Guidance on estimating “FTE’s”
- Navigating the forgiveness process and applications
- Other decisions related to PPP that organizations will need to make<.ul>
NDANO offers live in-person and online learning opportunities for nonprofits, often with partners. Members receive discounted rates on all NDANO events. All times are Central unless otherwise indicated.
Do you have a learning opportunity or event for North Dakota nonprofits to add to our calendar? Email NDANO with the details.
