WATCH THE JUNE 25 RECOVERY UPDATE: COVID-19 LOAN OPTIONS AND FORGIVENESS STRATEGIES
In this week’s COVID-19 loan and forgiveness update, Sax’s Recovery Task Force dived into the latest Interim Final Rule recently released by the SBA, providing borrowers and lenders with additional guidance surrounding the Paycheck Protection Program (PPP) loan forgiveness process.
In case you missed it, continue on for the webinar recording and presentation slide deck so you can stay in the know and best position your company for regaining strength.
watch the JUNE 25 recovery UPDATE: COVID-19 Loan options and forgiveness strategies
*Please note the following correction in red made to the slide deck under the subject of “Owner/Self-Employed Individual Compensation Limits”. This correction is reflected in the slide deck, but not the webinar recording:
- 8-Week Covered Period: Lesser of 8/52 of (i) 2019 compensation or (ii) $15,385 per individual.
- 24-Week Covered Period: Lesser of 2.5/12 of (i) 2019 compensation or (ii) $20,833 per individual. (changed from “Lesser of 24/52”)