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BEGIN:VEVENT
DTSTART:20200609T150000Z
DTEND:20200609T153000Z
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SUMMARY:Virtual Event | FAQs on the Paycheck Protection Program (PPP) Forgiveness Application
DESCRIPTION:Virtual Event | FAQs on the Paycheck Protection Program (PPP) Forgiveness Application \n\n \n\nTuesday\, June 9\, 2020 | 10 - 10:30 a.m. \n\nZoom Meeting | Advanced registration required\n\n$10 Members | $20 Non-Members \n\n\n\nUnder the Paycheck Protection Program (PPP) created by the CARES Act\, loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses. The application form and instructions for loan forgiveness were recently released.\n\n \n\nJoin Kevin Schmitt\, Vice President of Honkamp Krueger & Co. P.C. to learn more about the PPP forgiveness application process and gain valuable insight on successfully completing the application. Anne Friederichs\, from the Illinois Small Business Development Center (SBDC) will also be available to answer questions. Attendees will have the opportunity to submit their questions during this informational webinar.\n\n\n\nUpdate: The webinar will also discuss the Paycheck Protection Program Flexibility Act of 2020 which: \n\n\n Increases the loan forgiveness period from eight weeks to 24 weeks \n Changes the 75/25 payroll / non-payroll requirement for loan forgiveness to 60/40\n Increases the loan repayment period from two to five years\n Allows payroll tax deferral for PPP recipients\n Extends the June 30 rehiring deadline to December 31\, 2020.\n\n\nAdvance registration is required for this webinar. \n\nAfter registering\, you will receive a confirmation email after 2 pm on June 8 containing the Zoom meeting link and information about joining this webinar.\n\n\n\nMeet our Presenters:\n\n\n\n\n\nKevin Schmitt\, Vice President | Honkamp Krueger & Co\, P.C.\n\n\n\n With over 35 years of experience in public accounting\, Kevin oversees the HK tax department. Kevin has tax planning\, business advisory\, financial planning and account experience in a variety of industries including medical\, financial\, insurance\, wholesale\, retail\, manufacturing and agribusiness. \n\n \n\nKevin is a Certified Public Accountant and Certified Financial Planner. He specializes in business consulting\; corporate\, partnership and individual income tax consulting and preparation\; estate and trust consulting\; financial planning. Kevin is a member of the American Institute of Certified Public Accountants and the Iowa Society of Certified Public Accountants.\n\n\n\n\n\n\n\n\n\n\n\nAnn Friederichs\, Business Advisor | Illinois Small Business Development Center (SBDC)\n\n \n\nAnn Friederichs currently serves as the Business Advisor at the Illinois Small Business Development Center (SBDC) based at Western Illinois University's Quad Cities campus. \n\n \n\nFriederichs has previously been an owner and agent for Karwath Insurance Inc.\, a producer/agent for Nelson Brothers Agency\, and executive director for the Davenport Schools Foundation. She holds a bachelor's degree in business administration from Colorado State University.\n\n\n\nAnn provides confidential one-on-one counseling to small businesses in the areas of business start-up\, expansion\, acquisition and sale. She also assists with business planning\, marketing\, record keeping and financial analysis. \n\n\n\nCo-Presenting Sponsors:\n\n \n\n\n\n\n\n\n\nFor event assistance or any additional information please contact:\nTerri Smith\n\nPhone: (563) 823-2694\n\nEmail: tsmith@quadcitieschamber.com
X-ALT-DESC;FMTTYPE=text/html:Virtual Event | \;FAQs on the Paycheck Protection Program (PPP) Forgiveness Application
\n \;
\nTuesday\, June 9\, 2020 | 10 - 10:30 a.m. \;
\nZoom Meeting | Advanced registration required
\n$10 Members | $20 Non-Members \;
\n
\nUnder the Paycheck Protection Program (PPP) created by the CARES Act\, loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses. The application form and instructions for loan forgiveness were recently released.
\n \;
\nJoin Kevin Schmitt\, Vice President of Honkamp Krueger &\; Co. P.C. to learn more about the PPP forgiveness application process and gain valuable insight on successfully completing the application. Anne Friederichs\, from the Illinois Small Business Development Center (SBDC) will also be available to answer questions. Attendees will have the opportunity to submit their questions during this informational webinar.
\n
\nUpdate: The webinar will also discuss the \;Paycheck Protection Program Flexibility Act of 2020 which: \;\n\n
\n - Increases the loan forgiveness period from eight weeks to 24 weeks \;
\n - Changes the 75/25 payroll / non-payroll requirement for loan forgiveness to 60/40
\n - Increases the loan repayment period from two to five years
\n - Allows payroll tax deferral for PPP recipients
\n - Extends the June 30 rehiring deadline to December 31\, 2020.
\n
\n
\nAfter registering\, you will receive a confirmation email after 2 pm on June 8 containing the Zoom meeting link and information about joining this webinar.
\n
\nMeet our Presenters:
\n
\n
\n\nKevin Schmitt\, Vice President | Honkamp Krueger &\; Co\, P.C.
\n
\n\;With over 35 years of experience in public accounting\, Kevin oversees the HK tax department. Kevin has tax planning\, business advisory\, financial planning and account experience in a variety of industries including medical\, financial\, insurance\, wholesale\, retail\, manufacturing and agribusiness. \;
\n \;
\nKevin is a Certified Public Accountant and Certified Financial Planner. He specializes in business consulting\; corporate\, partnership and individual income tax consulting and preparation\; estate and trust consulting\; financial planning. Kevin is a member of the American Institute of Certified Public Accountants and the Iowa Society of Certified Public Accountants.
\n
\n
\n
\n
\n
\nAnn Friederichs\, Business Advisor | Illinois Small Business Development Center (SBDC)
\n \;
\nAnn Friederichs currently serves as the Business Advisor at the Illinois Small Business Development Center (SBDC) based at Western Illinois University'\;s Quad Cities campus. \;
\n \;
\nFriederichs has previously been an owner and agent for Karwath Insurance Inc.\, a producer/agent for Nelson Brothers Agency\, and executive director for the Davenport Schools Foundation. She holds a bachelor'\;s degree in business administration from Colorado State University.
\n
\nAnn provides confidential one-on-one counseling to small businesses in the areas of business start-up\, expansion\, acquisition and sale. She also assists with business planning\, marketing\, record keeping and financial analysis. \;
\n
\nCo-Presenting Sponsors:
\n \; \; \; \; \;
\n
\n
\n
\nFor event assistance or any additional information please contact:
\nTerri Smith
\nPhone: (563) 823-2694
\nEmail: tsmith@quadcitieschamber.com\n\n \;
\n
LOCATION:Join via Zoom webinar
UID:e.2843.17858
SEQUENCE:3
DTSTAMP:20260403T222234Z
URL:https://member.quadcitieschamber.com/events/details/virtual-event-faqs-on-the-paycheck-protection-program-ppp-forgiveness-application-17858
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