JOIN US ALONG WITH AL WAGNER FROM TRUPAYROLL AS WE CONTINUE OUR DISCUSSION ABOUT THE IN’S & OUT’S OF THE PPP LOAN PROGRAM THIS WEBINAR’S TOPIC WILL BE DEALING WITH LOAN FORGIVENESS AND A REVIEW OF THE FIRST VERSION PPP LOAN FORGIVENESS APPLICATION.
The SBA has issued the first version (v1.0) of the PPP Loan Forgiveness Application. (OMB 3245-0407, exp 10/31/2020). Do yourself a huge favor, download this application and gather the necessary documentation during the 8 week period, if you’ve gotten a PPP Loan.
Take special note that the SBA forgiveness application specifically references payments made during the 8 week period – none before, none after. Be sure to make copies of:
-Lease agreement/s,
-Mortgage note/s with amortization schedule/s,
-Utility bills for the 8 week period;
-And all payroll and payroll related costs.