FACC-NY Webinar: Updated PPP Information

 

 

Following the recent Federal renewal of the Payroll Protection Program (PPP) on April 24th, Perelson Weiner LLP presented a full update and what it means for businesses looking to take advantage of the program.

Many thanks to Partner Benjamin Gadon and Manager Director John R. Lieberman provided updated information on loan/grant eligibility, the specifics behind how much an entity may receive from the updated program, the use of the received funds as it pertains to loan forgiveness, future bank requirements & audits, and the potential consequences attached to the program.