You can keep 100% of the Paycheck Protection Program (PPP) money you received OR be forced to pay it all back with interest – it completely depends on you. How you complete and submit the recently released PPP Loan Forgiveness Application is the key. But it’s easier said than done.
The form’s instructions and structure are convoluted and confusing, and without some expert assistance, getting it right could be almost impossible.
The good news is that help is available – and you don’t have to wait for hours on the phone for your bank or the Small Business Administration (SBA) to get the answers you need.
On Thursday, August 13th at 1 pm ET, accounting expert, Lin Walker, is presenting a 60-minute online training session that will walk you through how to accurately complete each section of the PPP Loan Forgiveness Application.
During this training, she’ll provide you with step-by-step instructions to help you cut through the form’s complexities and quality to keep every penny of PPP funding you deserve.
Here are just a few of the PPP Loan Forgiveness Application completion and submission tactics that you’ll receive by attending this upcoming 60-minute online training:
- Choose whether an 8- or 24-week covered period works best for your practice
- Calculate your total eligible costs without missing out on any covered items
- Audit-proof your count of full-time employees to head off violation penalties
- More easily identify eligible PPP expenses to maximize your loan forgiveness
- Avoid common application errors due to form instruction sequence
- Don’t let employees that opt not to return to work taint your numbers
- Head off forgiveness denials by including must-have supporting documents
- Cut repayment amounts by correctly calculating employee headcount and wages
- Apply easy-to-use formulas to keep more of your PPP funding
- And so much more…
WARNING: The government is cracking down on misuses of PPP funds. Make one error and you’ll not only have to repay the money with interest, and you could also face fraud charges and huge financial penalties. The allegation of fraud has already been made, and a physician arrested. Don’t let this happen to you.
Sadly, the PPP Loan Forgiveness Application is unorganized and confusing. This makes qualifying to keep 100% of your paycheck protecting money almost impossible – unless you get a little help. This online training will give you EXACTLY what you need to submit your forgiveness application correctly the first time and keep more of your PPP funding.
Access to this online training will be limited to ensure that you and other attendees have the time necessary to get your specific PPP Loan Forgiveness application questions answered by the expert presenter. To guarantee your access to this training, sign up today.
Lin Walker is a healthcare accounting expert and Accounting Services Manager at CFO Services Group, a firm that specializes in managerial accounting for small businesses. At CFO Services Group, she has worked with physician owners and administrators managing their accounting department as well as helping them out with disaster loans this year. Her extensive business background provides proven accounting insight to assist practices with day-to-day financial details and big-picture decision making.
Walker provides CFO-level consulting and strategy and conducts quality control reviews. Previously she served as senior accountant for the donor-advised fund Razoo Foundation in Alexandria, Virginia, where she supervised and ran disbursements of millions of dollars in donations.
She also was the operations manager at Garza Law Firm in Rockville, Maryland, and HR and accounting manager at Global HealthCare China in Shanghai. It was here that she was able to work with expatriate English-speaking doctors with their accounting and HR questions and gained global healthcare industry accounting experience.