| How Documentation Affects PPP Forgiveness |
As with all federal funding streams, recipients (borrowers) must verify how the funds were used. Failure to verify how a borrower used their funds, decreases the loan forgiveness amount, also known as Reductions. One of the key components in assuring a borrower receives their full-loan forgiveness amount is through documentation.
This presentation will briefly discuss:
1. What are PPP Reductions
2. PPP Loan Forgiveness Documentation Requirements
3. What if documentation is lacking (alternatives)
4. Who has the “right” to refuse the borrowers’ Loan Forgiveness Application
5. Q&A
Where
This is an online event.About Us:
SCORE is an all-volunteer group with real-world business experience, dedicated to your success.Our Mission: Help Small Businesses Succeed.
Our Mantra: We educate, counsel, mentor.
Founded in 1964, SCORE is a non-profit association and a Resource Partner of the U.S. Small Business Administration.
For more details, go to www.houston.score.org
After registering, your confirmation email will contain information about joining the webinar.
Presented by: Maykl Sulaiman
For over 12 years, as a Crisis Financial Analyst, Maykl has helped clients
navigate the financial situation and issues they find themselves in.
The situation could be anything from understanding cashflow, where is the
money going in the business, performing forensic reviews and outlining ways of
remediation, to meeting financial compliance reporting.
Over the past 10 years, Maykl has operated in the municipal bond market,
specializing in federal grant reporting, forensic reviews and regulatory reporting.
His passion is adding value to clients by helping them meet their accounting and finance - strategy objectives.
