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CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20200604T170000Z
DTEND:20200604T180000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:PPP Loan Myth-Busters: Debunking the Top 7 Myths & Breaking News Updates
DESCRIPTION:Borrowers still don't have all the details on how the PPP loan forgiveness will be calculated. This has created a breeding ground for myths that further confuse business owners.\n\n \n\nJoin the MP certified HR experts as they debunk the Top 7 PPP Myths:\n\n \n\nMyth #1: PPP funds can be used to pay employees' retro pay.\n\nMyth #2: Part time employees don't have to be included in the full FTE calculation.\n\nMyth #3: PPP funds can be used to pay independent contractors/1099s.\n\nMyth #4: PPP funds can be used to pre-pay rent and utilities.\n\nMyth #5: The covered period ends on June 30th for PPP loans.\n\nMyth #6: As long as the employee does not make 100k annually\, the $15\,380 cap does not apply.\n\nMyth #7: The PPP loan coverage period begins when businesses are able to reopen.
X-ALT-DESC;FMTTYPE=text/html:<span style="font-family:arial\,helvetica\,sans-serif\;"><span style="color:#444444\;">Borrowers still don&rsquo\;t have all the details on how the PPP loan forgiveness will be calculated. This has created a breeding ground for myths that further confuse business owners.</span></span><br />\n&nbsp\;<br />\n<span style="font-family:arial\,sans-serif\;"><span style="color:#444444\;">Join the MP certified HR experts as they debunk the <strong>Top 7 PPP Myths:</strong></span></span><br />\n&nbsp\;<br />\n<span style="color:#444444\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #1:</strong> PPP funds can be used to pay employees&#39\; retro pay.</span></span><br />\n<span style="color:#444444\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #2:</strong> Part time employees don&#39\;t have to be included in the full FTE calculation.</span></span><br />\n<span style="color:#444444\;"><span style="background-color:transparent\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #3:</strong> PPP funds can be used to pay independent contractors/1099s.</span></span></span><br />\n<span style="color:#444444\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #4:</strong> PPP funds can be used to pre-pay rent and utilities.</span></span><br />\n<span style="color:#444444\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #5:</strong> The covered period ends on June 30<sup>th</sup> for PPP loans.</span></span><br />\n<span style="color:#444444\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #6:</strong> As long as the employee does not make 100k annually\, the $15\,380 cap does not apply.</span></span><br />\n<span style="color:#444444\;"><span style="font-family:arial\,sans-serif\;"><strong>Myth #7:</strong> The PPP loan coverage period begins when businesses are able to reopen.</span></span>
LOCATION:Online Zoom Meeting
UID:e.2160.6844
SEQUENCE:3
DTSTAMP:20260515T141635Z
URL:https://www.salem-chamber.com/events/details/ppp-loan-myth-busters-debunking-the-top-7-myths-breaking-news-updates-6844
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