Maximizing SBA’s PPP Funding: Achieving Loan Forgiveness
Click here to Schedule Your Session!
Recording and Administering Payroll Protection Program (PPP) Loan Proceeds
By Scott Lewis, CPA, MSA The loan funding from the Small Business Administration’s Paycheck Protection Program (PPP) has raised many questions from small businesses and their accounting staff. These include how to account for the initial loans on the books, what approved uses can be paid from these funds and how the forgiveness calculations will […]
A Revisit of “Known or Knowable” and Subsequent Events in the COVID-19 World
By Robert B. Morrion, ASA BV/IA and Alexander Dokuchaev, CFE We have a recurring client for whom we perform an annual valuation as of December 31. The company is in the conference/event logistics space. We spoke with the client during December and we agreed that the valuation date would be December 31, 2019, that the […]
Main Street Lending Program: Details and Guidance
By Scott Lewis, CPA, MSA Last week, the Federal Reserve announced the details of the new Main Street Lending Program, a package that provides up to $600 billion in loans to small and midsize businesses with up to 10,000 employees and less than $2.5 billion in revenues in 2019. This program was designed to fill […]