Ying Zhou, Executive Director, Tech Incubator at Queens College will be hosting a webinar regarding PPP Forgiveness Application Forms and Instructions this Thursday, July 30th at 9:30am. Man-Li Lin (from SBA) will be providing an update on PPP Forgiveness. If you would like to attend the webinar, please use the link below to register:
https://us02web.zoom.us/meeting/register/tZcrf-urrjwoH9N9xeqQqWfbmhXPNQiE2A-x
After registering, you will receive a confirmation email containing information about joining the meeting.
More details follow:
Topic: PPP Forgiveness Application Forms and Instructions
Speaker: Ms. Man-Li Lin, Economic Development Specialist, Economic Development Specialist, New York District Office, U.S. Small Business Administration
Description:
Learn about PPP Flexibility Act Seven changes of PPP, The changes to the First Loan Review Rules, the Most Common FAQs , the Revised PPP Forgiveness Application SBA Form 3508 and Instructions, and the new SBA Form 3508EZ and Instructions.
● Covered Payroll Period and Alternative Covered Payroll Period;
● Cash Compensation for employee and owner-employee/Self-employee/General Partners;
● Full Time Equivalent (FTE) Calculation;
● FTE Reduction Safe Harbors 1 and 2;
● FTE Reduction Exception;
● Eligible Payroll and Non-Payroll Costs;
● SBA Form 3508 Calculation, Schedule A, Worksheet and instructions;
● SBA Form 3508EZ and instructions;
● Documents Must to be Submitted with the Forgiveness application Required for PPP Forgiveness;
● Documents Borrower Must Maintain.
● Checklist for using SBA Form 3508EZ and Forgiveness Application Form 3508EZ and instructions.