Congress enacted major changes to the Paycheck Protection Program (PPP) on June 5 when it passed the Paycheck Flexibility Act of 2020. The Act significantly modified (and mostly improved) the original PPP regulations. Additionally, the President signed a new law on July 4 that extended the Payroll Flexibility Act, originally set to expire on June 30, for five weeks until August 8. The extension provides the opportunity for borrowers to submit applications for PPP loans if they have not before.

If you currently have a PPP loan and need help understanding how and when to submit your application for loan forgiveness, then this webinar is a must-watch. This webinar presented specific changes to PPP forgiveness guidelines you need to know, and provided links to information about the two new forgiveness application forms.

View and download the presentation PDF here.

Download the Standard Loan Forgivness Application here.

Download the EZ Loan Forgivness Application here.

Few Comments from Attendees

"Your presentations are terrific and this trio of presenters was fabulous, Thank you!"

"Thank you. I find them so helpful"

"My appreciation for the speakers taking time to put it together."

"Everyone was amazing. Right on with the info. Glad Gerry could join, she is a great resource."

"I'm grateful it was not boring."

"All good, helpful, timely...thanks."

"Thank you for doing this, it is appreciated"

"I am glad you will email the slides, I was late, I'm a doctor and had patients that ran over."

"Thank you SO much for your help and sharing your expertise."

"Thank you for your time and assistance during these confusing events."

"Thank you for providing the information. Very well done."

"Keep doing webinars in this format"

Speaker: Tom Garove

Tom retired in 2013, after a 40-year career with General Motors Corporation. Starting as a college co-op student, Tom held management positions in auto assembly and Executive positions in dealer field management, finance, customer relations and contact center management. Tom completed his career at GM with a six -year assignment in Shanghai where he established GM’s dealer network plan in China. Following his retirement, he was recruited by Jaguar - Land Rover to return to Shanghai to assist in establishing the dealer network plan for the new Jaguar-Land Rover - Chery joint venture. Tom’s knowledge base also includes marketing, finance, call center IT, franchise administration, accounting, and creating business plans. He holds a BA degree in Industrial Administration from Kettering University (formerly General Motors Institute) in Flint, Michigan.

Speaker: Gerri Detweiler

Credit expert Gerri Detweiler is education director for Nav, which provides business owners with simple tools to build strong business credit and match them to financing. She’s been interviewed in more than 4000 news stories and answered over 10,000 credit questions online. Her articles have been widely syndicated, and she is the author or coauthor of five books, including Finance Your Own Business: Get on the Financing Fast Track. She has hosted her own radio show and testified before Congress on consumer credit legislation.

Speaker: Barry Portugal

Barry retired after 36 years as president of a health care industry management consulting firm. His has worked with hospitals, healthcare systems, and large physician groups to develop operational, strategic and financial aspects of their organizations. Barry’s expertise is helping clients develop and implement strategic business plans and marketing plans; as well as identifying opportunities for performance improvement in existing businesses. He has extensive experience in getting to the heart of complex operational, organizational, and financial issues necessary to grow his client’s businesses. He has undergraduate and graduate degrees in business administration from the University of Illinois and the University of Pennsylvania.

PPP Flexibility Act