Recorded Webinars

 

PPP loan forgiveness: Questions and answers panel for financial institutions

May 21, 2020

Are you confused by the guidance and FAQs, or lack thereof, circulating about the Paycheck Protection Program? Do you or your customers have questions regarding how the forgiveness of the PPP loans should be calculated? Unsure what responsibilities you will have as a financial institution in the validation and reporting of debt forgiveness with the SBA? Well you are not alone. This webinar explains PPP loan forgiveness as we understand it today. We share the latest guidance related to loan forgiveness and answer questions with our panel of SBA, loan and tax professionals.

Topics:

  • An update of the current state of the PPP.
  • Review of the forgiveness guidance.
  • Discussion regarding strategies and best practices for lenders on handling loan forgiveness requests.
  • Discussion of the use of calculation and tracking tools to assist with the process.
  • Q&A with a panel of experienced industry professionals to address questions.

This webinar was created for Senior Management, Loan Officers, Loan Operations Staff, Chief Credit Officers, Compliance Officers, SBA Managers and IT Management of financial institutions.

Answers to questions asked during the webinar

Author(s)

Karen Mitchell
Karen A. Mitchell
Senior Manager, Risk Advisory Services
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Eric Van Doren
Eric E. Van Doren, CRC
Director, Loan Review
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Jay Lucas
Jay Lucas
Director, Risk Advisory
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Terry Hoover
Terry Hoover, CPA, ABV
Partner
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