The Paycheck Protection Program and the potential to have part of the loans forgiven by the Federal government has created a lot of interest!
RINA's professionals have helped over 40 businesses and organizations gather information to apply for the PPP program. We have also provided our clients with ways to track costs paid for by PPP loan money so that they can ensure compliance with the rules and maximize potential forgiveness.
We would like to share an overview of the potential for loan forgiveness and the spreadsheets we have developed working on this process. The contents of this page were updated last on May 27, 2020 as a result of new governmental publications.
This content is prepared solely to provide general information to our clients and friends. This content does not constitute accounting, tax, financial, or legal advice.
- PPP - Loan Forgiveness Overview Revised May 29, 2020
- PPP - FTE Employee Worksheet spreadsheet Revised May 27, 2020
- PPP - Cost Tracking spreadsheet Revised May 21, 2020
- PPP - Salary Forgiveness spreadsheet Revised May 21, 2020
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