May 05

The CARES Act – The 1st PPP Gold Rush is Over… Now What?

Presented by:

Bill McNamara, CPA, CCIFP®

Partner

The Curchin Group LLC

732.747.0500

Stacey Kavanagh

First Vice President, Marketing Manager

Provident Bank

732.295.3801

Bill McNamara and Stacey Kavanagh have organized the following presentation relating to The CARES Act.  Some topics and questions addressed include:

  • What is Forgivable?
  • How to Calculate Maximum Forgiveness
  • How to Calculate Head Count Analysis
  • Different Options Available to Borrowers
  • Examples to Determine Calculations and Options
  • Explanation of Wage Analysis and Reducing Employees Salaries During Covid-19
  • Timeline for Restoring Full-Time Employment and Salary Levels
  • Planning for Use of PPP Loan when Received
  • Clarification of Approved Loan Expenses

To view the full presentation, please click here.

Password: 1R!4540.