BDC-inar on PPP Forgiveness
The BDC hosted another successful webinar this week on the Payroll Protection Program Forgiveness.
Get pointers from the experts: Spencer Field of SBDC Michigan, Matt Hehl of Cooley, Hehl, Sabo and Calkins CPAs and Tom Myers of First Merchants Bank. If you applied for and received PPP funding, this webinar clarified questions that many businesses are asking. One point that was mentioned continuously throughout the webinar was to keep good records. With ever changing requirements, etc., keeping good records will be your best method of preparation when it is time to file for forgiveness.
SBDC shared a PPP Forgiveness spreadsheet tool for assistance with calculating forgiveness. Additionally, there is an instructional webinar that explains how to utilize the above worksheet.
If you have questions, please contact any of the BDC staff!
Hope you are all staying safe and healthy through this pandemic.