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Hi ,


Rear Admiral Grace Murray Hopper is credited for saying, "It's easier to ask forgiveness than it is to get permission." Unfortunately, this is not applicable when it comes to government forgiveness and your PPP Loan.


In this issue, we provide you with a calculator to estimate the amount of your forgiveness, address some frequently asked questions and offer tips to steer you in the right direction to optimize your benefit.


Thanks for reading!

   

1. PPP Forgiveness Estimator with Guidance

Many of you have probably applied and received or are waiting to receive your Small Business Administration loan through the Paycheck Protection Program (PPP). Or perhaps you may be applying in the near future. We have created a downloadable Excel file that helps you estimate how much of your loan may be forgivable.

Get the calculator and estimate your forgiveness amount today!


2. PPP Loan Frequently Asked Questions

What is considered a payroll expense? And what is defined as a non-payroll expense? If you’re uncertain or wouldn’t mind some clarification on these PPP Loan frequently asked questions, read on.

Click here to read our comprehensive PPP Loan FAQs.


3. How to Stay Out of Trouble with Your PPP Loan

Based on media reports of failings, political response to the media and additions to the published guidance small business owners are treading on shifting sand. It is encouraged that businesses take steps to use PPP funds carefully to avoid unpleasant surprises when it comes time to request forgiveness. Here are five steps you should take to ensure you gain the most benefit from this loan.

Click to get your tips on how to get the most from your PPP Loan!

Did You Know?
Symphony offers a Subscription Employment Posters Service that MEETS all Federal and State compliance requirements INCLUDING the new Coronavirus revisions.

- Receive new posters annually for you to post in a compliant employee common area. 
- The service provides automatic email updates as they occur for posting along with your annual posters.


Shorten your to do list - let Symphony provide you with your required Federal and State posters by subscribing below!
     

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