CARES Act PPP Loan Forgiveness Application Assistance

PPP Update:  Payroll Costs Can Be Less Than 75% of The Loan Amount

PPP Update- Payroll Costs can be less than 75% of the loan amount

The SBA released the PPP loan forgiveness application on May 16, 2020. Sutton Turner, COO, and Rene Cargile, Senior Manager of Finance recorded the top things you need to know when walking through the application process. Here are our takeaways for churches, Christian schools, and nonprofits.

Click here to download our PPP Loan Forgiveness Spreadsheet to help walk you through the application process.

Click here to download our Example PPP Loan Forgiveness Spreadsheet, as mentioned in the May 21 Facebook Live. (The file will appear in your downloads).

 

PPP Forgiveness Spreadsheet (2)

Copy of Reopening The Church (4)