The Small Business Administration (SBA) just issued the Paycheck Protection Program (PPP) loan forgiveness application and related instructions. PPP borrowers will be required to complete this application and submit it to their lender (or the lender servicing the PPP loan) in order to be considered for total or partial loan forgiveness. Understanding the application process, correctly performing the necessary calculations and maintaining required supporting documentation is critical to maximizing loan forgiveness for you and your business.
During this webinar members of Archer’s COVID-19 Taskforce will discuss the steps your business needs to take to properly apply for PPP loan forgiveness. This webinar will include an overview of the PPP Loan Forgiveness Application and the SBA guidance provided in the related instructions, completion of a sample PPP Loan Forgiveness Application and an interactive Q&A discussion.
Timothy J. Cunningham is a partner in Archer’s Public Affairs and Public Finance Groups. Mr. Cunningham is the former head of New Jersey’s Division of Local Government Services within the Department of Community Affairs, where he served as Chairman of the Local Finance Board and worked closely with county governments on numerous public matters. Through this regulatory oversight role, Mr. Cunningham has become one of the most prominent voices in New Jersey’s local government and public finance communities. As a member of Archer’s Covid-19 task force, Mr. Cunningham has been providing clients with real-time guidance on the implications of the rapidly evolving epidemic, advising on the various aspects of the CARES Act, including the Paycheck Protection Program and its implementation by the Small Business Administration and the guidance issued by the US Department of Treasury.
David A. Weinstein, Esq. is a partner in Archer’s Business Counseling Group and has a diverse corporate practice, with a concentration in project financing and development financing. Mr. Weinstein has served as bond counsel, underwriter’s counsel, trustee’s counsel and bank counsel for various public and traditional financing transactions, including financings for educational facilities, multifamily housing projects, redevelopment projects and for public entities. Since the outbreak of COVID-19 and the passage of the CARES Act, Mr. Weinstein has been advising public and private sector clients, including non-profit entities, on the various aspects of the CARES Act, including the Paycheck Protection Program and its implementation by the Small Business Administration and the guidance issued by the US Department of Treasury.
What: NJBIA’s Webinar, “Navigating the SBA’s PPP Loan Forgiveness Application”
When: Wednesday, May 27, 2020 2:30-3:30pm
For more information, click here.
To register, click here.