Virtual Panel Discussion: You have a PPP Loan, now what?

May 18, 2020

Virtual PANEL DISCUSSION: You have a your PPP Loan so what now?  Join us to find out what you need to know.



  • Tuesday May 19th at 9:00 am
  • Panel of Experts:
    • Tonald Scanlon, McCall Scanlon & Tice, LLC
    • Robert W. Sodini, Sodini & Company, Inc.
    • Ron Welker, First Commonwealth Bank
    • Dan Sullivan, NexTier Bank
  • We will be covering:
    • Loan forgiveness
      • Breach, default or misprepresentration
      • Reduction in FTEE’s
      • Employee wage cuts
    • Permissible proceeds uses vs. forgivable uses
      • Forgivable use
      • Allowable use, yet unforgivable
      • Additional interpretative insight
    • Preparedness for the loan forgiveness request process
    • Key considerations and best practices when using and managing PPP loan proceeds
      • Track FTEE’s
      • Calculate salary reductions
      • Record and monitor use of loan proceeds
      • Consider other ways to maximize forgiveness


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