PPP Loan Program Update FLEXCAST
Available Until
Your Desk
3.0 Credits
Member Price $179.00
Non-Member Price $206.00
Overview
The Economic Aid Act signed December 27, 2020 made several changes to the PPP loan program, including the ability of an entity to apply for a second draw. This course covered not only the rules for the second draw, but also the re-opening of the First Round PPP loans for entities that were not previously eligible or entities that did not apply for a first draw PPP loan.
Highlights
New Form 3508S. Employee Retention Credit Issues. PPP First Draw Overview and Application Form. SBA Procedural Notice. PPP Second Draw Overview and Application Form. Interim Final Rule 2021-01. Interim Final Rule 2021-02.
Prerequisites
None.
Designed For
CPAs, financial professionals, enrolled agents and attorneys.
Objectives
Understand the requirements for obtaining a second draw PPP loan. Review the updated expenses that are eligible for loan forgiveness. Understand the requirements for amending a first round PPP loan for certain eligible entities.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Kurt Oestriecher, Oestriecher & Company CPAs
2009 AICPA Outstanding Discussion Leader Award winner! Mr. Oestriecher has been employed by Oestriecher & Company; CPA’s since 1986 and has been partner in charge of accounting and auditing services since 1994. He has also served as an Adjunct Instructor of Accounting at Louisiana State University at Alexandria and Northwestern State University. He received the Outstanding Discussion Leader Award from the Louisiana Society of CPAs in 1998, and 2006. Kurt functions in many capacities for the Louisiana Society of CPAs on its board and varying committees. He is Past President of the LCPA and past President of the Central Louisiana Chapter of Society of Louisiana CPAs. He is a member of the AICPA and has served on the Accounting and Review Services Committee, which issues the Statements on Standards for Accounting and Review Services. He is currently serving 2 three year terms on the AICPA Joint Trial Board.
Non-Member Price $206.00
Member Price $179.00