Hi All, FYI- Nonprofit Quarterly Magazine will be offering a free webinar for those orgs that received PPP loans and now need to prepare to request loan forgiveness. 

RESPONDING TO COVID-19: Seeking Forgiveness for a Paycheck Protection Program Loan
Thursday, July 23rd 2020
3:00 - 4:00PM ET
 
This complimentary webinar is for nonprofit financial leaders who have received a Paycheck Protection Program (PPP) loan and want to prepare effectively to seek loan forgiveness. 

In early June, Congress approved the PPP Flexibility Bill, which authorized key changes including extending the PPP and the rehiring deadline to December 31, 2020 and expanding the covered period for loan use from eight weeks to twenty-four weeks. Now, we can start to interpret and apply implementation guidance from the Small Business Administration (SBA).

In this session, Gina McDonald, CPA of FMA will share detailed guidance for nonprofit leaders, including:
. A refresher on how organizations can and cannot spend PPP funds
. Guidance on estimating "FTE's"
. Navigating the forgiveness process and applications
. Other decisions related to PPP that organizations will need to make

Register for the session here https://info.nonprofitquarterly.org/ppp-forgiveness-webinar-0-0-1?utm_medium=email&_hsmi=91677020&_hsenc=p2ANqtz-8DCvsP4fTcjclgXoPUfmKz1V6OD-0jUFYDy2PtEOUp3vi42m94PHJeFijE16KyFT-AxHp7Pzc5qd15NyIaw9wVInFglA&utm_content=91677054&utm_source=hs_email 

Deborah A. Clark, MLIS
Library Management Specialist
Maine State Library
Portland Public Library, Third Floor
5 Monument Square
Portland, ME 04101
(207)871-1765
1-800-649-7696 Ext. 765
Fax: (207)871-1703
E-mail: [log in to unmask] 

"Great Libraries Build Strong Communities"