Paycheck Protection Program
The Paycheck Protection Program provides forgivable loans to help small businesses fund up to 8-weeks of payroll costs and other eligible expenses if they meet certain requirements. Are you on the road to loan forgiveness…?
Tom Mazurek & Chuck Pezzino, Tronconi Segarra & Associates partners, discuss the Paycheck Protection Program (PPP) Loan Forgiveness Application, and provide their insight into the forms, instructions and various calculations necessary for determining loan forgiveness.
Contact our COVID-19 Response Team today
Focus on your business and customers, not forms and instructions
As our community begins to emerge from stay-at-home and pause orders, we recognize that you need to focus your efforts on getting back to business and serving customers, while also working to comply with stringent rules and regulations required to operate your business.
While we can’t help you replace a dead battery or fix a flat tire, Tronconi Segarra & Associates can assist you in alleviating your administrative burden during this time by performing the work necessary to maximize your PPP loan forgiveness. While you are busy helping motorists get back on the road, let us help you by tracking your eligible costs, compiling documentation, performing required calculations and preparing your application to get you on the road to loan forgiveness.
Read our posts on the PPP Loan Forgiveness Application requirements, as well as new PPP guidance issued by SBA on loan forgiveness and loan review procedures.
We can assist you with maximizing loan forgiveness...
Our team of CPAs and accountants can track your expenses and update your calculation throughout the 8-week period to provide updated projections on your possible forgiveness, enabling you to make timely business decisions to maximize your forgiveness.
While we cannot guarantee any levels of forgiveness that will ultimately be approved by your lender and/or the Small Business Administration, we believe we can provide the professional expertise to assist with the detailed calculations required to maximize your PPP forgiveness. We can also assist in projecting your possible forgiveness amounts under various scenarios for financial planning purposes.
This website has been prepared for general guidance on matters of interest only; it does not constitute professional advice. You should not act upon the information contained in this website without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy of completeness of the information contained in this publication; and, to the extent permitted by law, Tronconi Segarra & Associates LLP, its members, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this website or for any decision based on it.