While many Northeast businesses and their employees have benefited from loans approved through the Paycheck Protection Program (PPP), the second critical step is to achieve maximum forgiveness of the loan.

Join Farm Credit East on July 23, 11AM – 12:30PM, for a top-to-bottom guide on preparing for PPP loan forgiveness. Farm, forest products or fishing businesses that received PPP loans are encouraged to attend this free webinar.

We’ll review the key records and calculations for forgiveness, including:

• Payroll records in your reference period and during the forgiveness period
• Full-time equivalent calculations and how to avoid reduction penalties
• Rate-of-pay calculations
• Which taxes should (and shouldn’t) be included in your payroll expenses
• Eligible, non-payroll expenses and how they should be documented
• Available forgiveness timelines – 24 weeks vs. 8 weeks

Along with this review, consultants Keith Dickinson and Erin Pirro will discuss recent program developments and changes that have been made by the Small Business Administration.

Click here to register or here to view a list of upcoming webinars on the Farm Credit East website.