Round 2: An Update on PPP Loans

Feb 04


Via Webinar

Start Date: February 4, 2021

End Date: February 4, 2021

Start Time:

11:30am EST

End Time:

12:30pm EST

Practice Area(s): Corporate Law

Peckar & Abramson, CohnReznick, and Lockton Companies invite you to “Round 2: An Update on Paycheck Protection Program (PPP) Loans,” a program covering current issues on PPPs and a recap of the initial round of loans.

Topics will include:

  • PPP Round 2 Details
    • Size of Loans
    • Eligibility Requirements
    • Impact of Round 1 Loans
    • Forgiveness Formula, Time Period and Eligible Expenses
  • Recap of Round 1
    • Tax Treatment Clarified
    • Financial Statement Treatment Still Unsettled
    • Forgiveness Applications, New Form as of January 27
    • Status of Forgiveness Applications
    • Economic Necessity Questionnaire
    • Department of Defense Position on Non-Allowable Costs

We encourage attendees to ask questions in real time, or to send in advance by email here.

Presenters: Stephen P. Katz, Peckar & Abramson and Jack A. Callahan, CohnReznick

Moderator: A.J. Sercombe, Lockton Companies


Back to P&A Events