PPP Update: Forgiveness Rules, Re-hiring Employees, and Potential Upcoming Rule Changes
Our panelists review the release of the SBA’s new loan forgiveness rules for the Paycheck Protection Program. Topics include re-hiring and paying employees, what costs can be forgivable, safe harbors, exceptions, and what questions still remain. They will also discuss the potential changes which may be coming in the House’s PPP fix bill as it heads to the Senate and how it could affect borrowers.
Alex Thiersch, JD, Founder and CEO, AmSpa
Michael Byrd, JD, Partner, ByrdAdatto
Ben Hernandez, Partner, Skytale Group
Patrick O'Brien, JD, Legal Coordinator, AmSpa