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Juanita Schwartzkopf
Nov 5, 20204 min read
Accounting for the PPP Loan and PPP Loan Forgiveness
It's important to understand the variety of accounting approaches that may be used for reporting of PPP Loans and PPP Loan Forgiveness.
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Juanita Schwartzkopf
Nov 3, 20205 min read
PPP Loan Forgiveness Update
Oct 26 the Federal Register published a document from the SBA referencing the PPP loan forgiveness process & started a 30-day comment period
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Juanita Schwartzkopf
Nov 2, 20201 min read
Main Street Loan Program Change and Update
The MSLP program loans previously had a minimum of $250,000, but that has now changed to $100,000. Additional updates have been made.
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Juanita Schwartzkopf
Oct 7, 20203 min read
PPP Loan Forgiveness and Change of Ownership
When a company has a PPP loan the M&A process is complicated for companies and lenders. Does the SBA need to approve change of ownership?
416 views0 comments
Juanita Schwartzkopf
Oct 2, 20202 min read
What Should You Know About PPP Loan Forgiveness?
Companies are questioning how to receive confirmation of the forgiveness of their Payroll Protection Program loan. Here is what we know...
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paloisio
Apr 29, 20202 min read
Focus Management Group: April Month in Review
Each month we will be posting an overview article that covers our recent company articles, announcements, and insights. Below is for April.
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paloisio
Apr 28, 20202 min read
ALERT: PPP Additional Scrutiny Over $2 Million
Be alert that there will be additional scrutiny for any PPP loan over $2 million prior to forgiveness.
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paloisio
Apr 23, 20203 min read
Coronavirus Response: Main Street Loan Program
Under the CARES Act, small businesses have access to the Payroll Protection Program (“PPP”) which is expected to receive additional funding
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paloisio
Apr 13, 20203 min read
Part 2: Accounting for the Payroll Protection Program - Working Capital Impacts
Last week we discussed the income statement. This week, we will discuss the accounting for the PPP funds and working capital management.
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paloisio
Apr 9, 20203 min read
Accounting for the Payroll Protection Program
Companies are quite creative when it comes to accounting for unusual items such as the Payroll Protection Program. What will you likely see?
1,912 views0 comments
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