The recently passed CARES Act includes the Paycheck Protection Program (PPP) for small businesses to receive loans through banks administered by the Small Business Administration. The quick passage of this legislation has resulted in many unanswered questions with the new law, the available funds and processes for using the loan.
To answer some of these questions for medical practices, OSMA is hosting a live webinar this Thursday with Kameron McQuay, CPA/ABV, CVA; JT Loughmiller, CPA/ABV/CFF, ASA, CVA, CFE; and Stephen Mann, CPA, ABV with Blue & Co., LLC to discuss the key points of the PPP, mechanics associated with the forgiveness clause, details on additional funds that may be approved this week if you missed out on the previous loan program, and more.
Questions will be taken during this live, one-hour presentation. This webinar will be recorded and available on demand at a later date.
As you know, Ohio State Medical Association (OSMA) is committed to keeping Ohio physicians informed on state and federal updates related to COVID-19, especially how they impact Ohio’s medical practices and healthcare professionals.