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CARES Act Update: Understanding PPP Loan Forgiveness
June 5, 2020 @ 11:00 AM - 11:45 AM
Join Octane and RSM for a discussion on how business leaders can understand PPP loan forgiveness. You will hear from: Patrick J. Carney, Partner, RSM and Christopher J. Gauss, Senior Manager, RSM. On this webcast, Patrick and Christopher will discuss:
· An overview of the loan forgiveness process under the PPP
· Guidance for how borrowers can calculate loan forgiveness amounts
· What qualifies as payroll costs for the purposes of loan forgiveness
· Other items that qualify for forgiveness under the program
· Additional considerations PPP borrowers should be aware of
· Recent changes to the Main Street Lending Program eligibility guidelines