Recent Developments in the Paycheck Protection Program: Will Your Loan Forgiveness Application Pass Muster?

February 24, 2021

Access the on-demand webinar here.

The rollout of the Small Business Administration’s Paycheck Protection Program (“PPP”) has been extraordinarily challenging for borrowers.  In less than a year, the law has been amended several times[1], multiple Interim Final Rules have been issued, and the SBA has published numerous Frequently Asked Questions (“FAQs”) in an attempt – although not always successful - to clarify the rules.  Familiarity with the current state of play is particularly important as borrowers prepare their applications for loan forgiveness.  In addition, borrowers with loans in excess of $2 million must further consider the likelihood of an SBA audit.

This webinar, presented by FTLF attorneys Michael B. Glomb, Joseph P. Loman, and Scott S. Sheffler, is designed to bring borrowers up to speed on the myriad of recent PPP developments, provide tips and best practices on how to prepare your loan forgiveness application so that it does, in fact, pass muster, and to provide guidance concerning how to prepare for and pursue an SBA appeal if your loan forgiveness application is denied.

[1] The most recent amendments occurred on December 27, 2020, when the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (“Economic Aid Act”), Pub. L. 116-260, was enacted into law.

Target Audience

  • CEOs / Program Directors
  • CFOs and Fiscal Staff
  • Compliance Officers and Staff
  • Project Managers and other Grants Management Staff

 

Learning Objectives

After this webinar, you will be better able to:

  • Understand the recent PPP developments and how such developments may impact your loan forgiveness application and organization
  • Learn how to put together a loan forgiveness application that will pass muster
  • Understand your appeal rights and the actions and steps you can do now to prepare for such an appeal
Course summary
Available credit: 
  • 1.50 Certificate of Attendance
Course opens: 
10/10/2019
Course expires: 
05/25/2021
Event starts: 
02/24/2021 - 1:00pm EST
Event ends: 
02/24/2021 - 2:30pm EST
Cost:
$99.00
Add to calendar: 

MICHAEL GLOMB

A partner with the firm, Michael practices in the Federal Grants and Health Law groups, and has over three decades of experience advising community-based organizations on a broad range of legal matters. Specifically, he offers guidance to Federally Qualified Health Centers, other federal grantees, and several professional and trade associations on the 340B drug discount program, tax exemption, grants law, and fraud matters. [Full Bio]

JOSEPH LOMAN

A Senior Associate in the firm’s Federal Grants and Health Law practice groups, Joe advises clients on matters of federal grant law, government contract law, and health care law. Prior to joining the firm, Joe served as program counsel with the United States Navy Office of General Counsel at the Naval Sea Systems Command where he provided government contract law and federal fiscal law advice to program leadership and contracting personnel in critical programs. In addition, he also represented the Navy as lead trial attorney on bid protests before the U.S. Government Accountability Office (GAO). [Full Bio]

SCOTT SHEFFLER 

A Partner with the firm in the Federal Grants and Health Law practice groups, Scott advises clients on matters of federal grant law, government contract law, and health care law.  Scott assists clients with the myriad requirements that apply upon acceptance of federal grant funding, including the administrative requirements and cost principles established in the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), the Office of Management and Budget (OMB) Circulars that preceded the Uniform Guidance, and program-specific statutory and regulatory funding conditions. [Full Bio]

Participants can earn up to 1.80 CPE credits in Specialized Knowledge and Applications upon completion of all course requirements.

ATTENDEE REQUIREMENTS FOR CPE CREDIT

If you purchase CPE credit for this webinar you must satisfy the following conditions in order to receive your certificate:

  1. Answer at least 6 of the 8 polling questions during the webinar
  2. Complete the evaluation survey after the conclusion of the webinar or in the follow-up email

Upon completion of these requirements, FTLF will email you your CPE Certificate within seven (7) business days.

ADDITIONAL INFORMATION

  • Prerequisites: None 
  • Target Audience: CEOs / Program Directors, CFOs and Fiscal Staff, Compliance Officers and Staff, Project Managers, and other Grants Management Staff
  • Advanced Preparation: None  
  • Program Level: All
  • Delivery Method: Group Internet Based
  • Attendance Requirements: In order to be awarded the full credits, you must respond to six (6) out of eight (8) polling questions.

Feldesman Tucker Leifer Fidell LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org (formerly www.learningmarket.org).

Available Credit

  • 1.50 Certificate of Attendance

Price

Cost:
$99.00
Please login or register to take this course.

Access to the recorded version of this webinar is included in your purchase.

ACCESSING THE RECORDING

The recorded version of this webinar will be available within seven (7) business days after the conclusion of the live event. You will have access to the recording for 180 days after the live webinar has concluded. Once posted to your account, you can view this webinar anytime on-demand during the access period identified in the Recorded Webinar Now Available email. For additional information on viewing and accessing webinars, view our full terms and conditions here.

PAYMENT POLICY

All registrations made the day of a live webinar must be completed using a credit card or PayPal. We do not accept check payments or purchase orders for live webinars on the day of the webinar. If you wish to pay by check, please register in enough time for your check to reach our office; we must receive your check before we grant access to the webinar. If we receive your check after the live webinar, we will grant you access to the recorded webinar. For the most current information, please visit our FAQ page.

REFUNDS/ CANCELLATIONS

For orders of live webinars, FTLF will issue a full refund for cancellations requested at least one week PRIOR to the live webinar. We do not provide refunds for no-shows; however, you may request access to the recorded version of the webinar. If you ordered the wrong webinar and need to transfer your registration to a different program, please Contact Us. View our full policy on refunds and cancellations on our FAQ page.

Required Hardware/Software

Google Chrome and Mozilla Firefox are the preferred browsers.