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The LA SBDC Network offers no-cost virtual business workshops for small businesses in Los Angeles, Santa Barbara, and Ventura Counties.

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PPP Forgiveness Informatio

June 5, 2020 @ 10:00 am - 11:30 am

Free

Will you be forgiven?  PPP Funding and terms.
Now that you have received PPP funding, you may be wondering or confused about PPP loan forgiveness.
This workshop provides you with a detailed understanding of how to apply for forgiveness.
For those who have not yet applied, you will also learn the terms and conditions for PPP funding.

The topics include:
-PPP Purpose, overview and terms
-The 75/25 Rule
-Definitions of Payroll Costs
-Definitions of Non Payroll Costs
-Covered periods for funding expenses
-How to calculate Payroll Costs and FTE reductions
-What to do if Employees refuse to come back to work.
-How to complete the forgives calculation
-Documentation for forgiveness
-Tax issues related to forgiveness
Instructor: Michael DeDonato

PLEASE NOTE: LINK WILL BE EMAILED ONE DAY PRIOR TO WORKSHOP.

REGISTER NOW

Details

Date:
June 5, 2020
Time:
10:00 am - 11:30 am
Cost:
Free
Event Category:
Event Tags:
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Register Here:
https://lasbdcnet.ecenterdirect.com/events/21724

Organizer

SBDC hosted by El Camino College
Phone:
(310) 225-8277
Website:
southbaysbdc.org