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Webinar Wednesday July 29, 2020
Wednesday, July 29, 2020, 1:00 PM - 2:00 PM EDT
Category: Webinars

WEBINARS


July 29, 2020  |  1:00 pm - 2:00 pm ET

FREE  for Members!  |  Non-members Only $174! (includes a 1-year NGMA membership)
$25 for Members to Purchase CPEs

 

 
The SBA’s Paycheck Protection Program: Challenges and Opportunities

Presented by 
Scott S. Sheffler, Michael B. Glomb, and Joseph P. Loman of Feldesman Tucker Leifer Fidell LLP (“FTLF”)

The Small Business Association’s (“SBA”) Paycheck Protection Program (“PPP”) has proven very popular, but also very complex.  From size standards for loan eligibility, to an “economic need” certification that has proven difficult to apply, to complex parameters and formulas applicable to proper spending of PPP loan proceeds, questions have abounded.  The SBA has answered many of the questions faced by borrowers, but others remain.  Complicating matters, on June 5, Congress amended the PPP statute to provide more flexibility; and federal grant recipients face yet an additional layer of complexity in deconflicting their use of grant funds from their use of PPP loan funds.
 
Join attorneys Scott S. Sheffler, Michael B. Glomb, and Joseph P. Loman of Feldesman Tucker Leifer Fidell LLP (“FTLF”), for a clear explanation of the PPP, with a particular focus on spending PPP funds in a manner that (i) will maximize potential loan forgiveness and (ii) avoid so called “double dipping” with respect to federal grant funds.

Learning Objectives:

  • Understand the purpose and basic parameters of the PPP.

  • Understand permissible uses of PPP loan funds and what uses are eligible
    for loan forgiveness.

  • Evaluate strategies for deconflicting federal funding streams from PPP loan proceeds.

 

 


In order to be awarded the full CPE credits,
you must respond to all three of the polling questions asked during the program.

Participants will earn 1.0 CPE credit (if purchased): Field of Study: Specialized Knowledge

 

For additional information or assistance with registration, please contact Kelli Klepic at [email protected] or (202) 997-9982.

ADDITIONAL INFORMATION:

Prerequisites   None  
Who Should Attend   Grant Professionals, including Grant Specialists, Grant Administrators, Grant Managers, Program Officers, Grant Officers, Auditors  
Program Level   Overview  
Advance Preparation   None  
Delivery Method   Group Internet Based
  
Event Policies   For additional information or assistance with this event including cancellations, substitutions or other program concerns or information regarding administrative policies such as complaints, please contact [email protected].  

 

 


National Grants Management Association 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 the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.