The first recording of Resolve it in 30 program for the hot topic of “Steps to maximize PPP loan forgiveness” brought to you thanks to the extraordinary GPHCC team – Jennifer Rodriguez, Javier Suarez, Keiren O’Connell and Yael Tacher for making it possible. Also, a big shut-out to my partners Brian Greenberg, and Erica Greenberg for going the extra mile educating and helping business owners.
Note that changes are constant, like 60% partial forgiveness was allowed in a consultation with the SBA and Treasury a week after this video was recorded – https://ggcpaservices.com/blog/partial-ppp-loan-forgiveness-remains-if-60-threshold-not-met/
Note that we are still waiting on SBA guidance for owners’ salary regarding the 8 weeks out of 52 (original language) or 24 weeks out of 52. See section questions remain in the following Forbes article dated June 3, 2020 – https://www.forbes.com/sites/anthonynitti/2020/06/03/congress-agrees-on-favorable-changes-to-paycheck-protection-loans-what-does-it-mean-for-borrowers/#387a2c2366fd
Youtube recording – https://www.youtube.com/watch?v=0HWLD2zWmFo&feature=youtu.be