Strategies to Maximize Loan Forgiveness, Avoid the Costly Pitfalls
During this difficult crisis Marshall & Sterling is partnering with OELs and Fisher Phillips to help companies maximize the Loans and programs in the small group market. We recorded a webinar discussion we recently had with Samantha Monsees and Curt Moore from Fisher Phillips regarding which CARES Act programs are most beneficial for employers and how the various benefit programs work in conjunction with one another.
Key topics this webinar will discuss are:
- How to ensure loan proceeds are used properly so that the maximum amount of the loan can be forgiven.
- How to navigate issues related to returning employees to work, or replacing employees who refuse to return to work, so that a business can attain maximum loan forgiveness.
- Avoiding pitfalls related to the payment of non-payroll items and jeopardizing loan forgiveness.
- Tips for maintaining accurate records and accounting for purposes of loan forgiveness.
- How to pay workforces that are paid through tips, commissions, or bonus compensation with the least risk of impacting loan forgiveness.
>> Click to watch the Webinar
Samantha Monsees and Curt Moore of the national labor and employment law firm, Fisher Phillips, are members of firm’s SBA Loan Team, dedicated to advising employers on the inner workings of the complex CARES Act loan process during the COVID-19 coronavirus pandemic. Samantha and Curt can partner with you and your organization to understand your unique issues and concerns related to the CARES Act PPP Loan Program, including one of employers’ foremost concerns: maximizing the potential for loan forgiveness.
Please Note: The information contained in this webinar is for general informational purposes only and does not constitute legal advice.