(Recorded Webinar) Recent Developments in the Paycheck Protection Program: Will Your Loan Forgiveness Application Pass Muster?
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, 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.
 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.
- CEOs / Program Directors
- CFOs and Fiscal Staff
- Compliance Officers and Staff
- Project Managers and other Grants Management Staff
After this webinar, you will be 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
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]
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]
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]
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Read more about maintaining an attendance record in our FAQs.
- 1.50 Certificate of Attendance
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