[Webinar] PPP 2021 Program – Updates on Loan Applications, Rule Changes, Eligibility, Forgiveness, and Interaction with ERTC

March 1, 2021By KROST

The PPP loan program is evolving fast with new rules on Second Draw applications, including a 2-week pause on companies with 20 or more employees and new calculations for sole proprietors. In addition, both the lenders and the SBA are reviewing, rejecting, and putting holds on many applications because of API errors, compliance failures, and … Read More

[WEBINAR] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process

January 13, 2021By KROST

Paren Knadjian (Practice Leader, M&A, and Capital Markets), Stacey Korman, CPA (Principal), Sossi Bekarian, CPA (Senior Manager), and Jeff Kamin, CPA (Manager, Accounting, ERTC) will host a free webinar on the PPP Second Draw Program & Employee Retention Credits. They will review the details of the recently passed Coronavirus Response & Relief Supplemental Appropriations Act … Read More

[Updated] The Economic Injury Disaster Loan (EIDL) Program vs The Paycheck Protection Program (PPP) – Comparison Chart

April 7, 2020By Paren Knadjian

Updated on April 7, 2020 – Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories. EIDL loans are now available. In addition to … Read More

[Updated] PPP Budgeting and Forgiveness Tool

February 22, 2001By KROST

Our PPP Budgeting and Forgiveness Tool has been updated to conform to new rules and updates from the SBA, including the new categories of covered expenses. KROST’s PPP Budgeting and Forgiveness Tool allows you to budget and plan the use of PPP loan proceeds, on a month-by-month basis, to optimize forgiveness. This includes detailed staff … Read More