PPP Forgiveness: Answers to Your Most-Pressing Questions

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On June 4, attorneys Greg Fryer and Ben Ford represented Verrill's COVID-19 Response Team and virtually presented with the Portland Regional Chamber of Commerce on the Paycheck Protection Program (PPP) loan forgiveness guidelines and employment law considerations for reopening your Maine business.

Greg and Ben offered insights into the latest SBA Guidance, including:

• Common mistakes and important PPP forgiveness calculations

• The latest guidance on FTEs (full-time equivalent employees), wage computations, Hail Mary’s, self-employed owners, and seasonal businesses

• The “necessity” certification and other potential risks...

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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