Live Webinar: May 29 from 1-2p.m. CT
The Small Business Administration (SBA) just issued the Paycheck Protection Program (PPP) loan forgiveness application and related instructions. PPP borrowers will be required to complete this application and submit it to their lenders (or the lender servicing the PPP loan) to be considered for total or partial loan forgiveness. Understanding the application process, correctly performing the necessary calculations, and maintaining required supporting documentation is critical to maximizing loan forgiveness for you and your nonprofit.
During this webinar, members of Archer’s COVID-19 Taskforce will discuss steps your organization needs to take to properly apply for PPP loan forgiveness. This webinar will include:
- An overview of the PPP Loan Forgiveness Application
- Information about SBA guidance provided in the related instructions
- Completion of a sample PPP Loan Forgiveness Application
- Interactive Q&A discussion
Ilana Levinson, senior director of government relations at the Alliance for Strong Families and Communities also will provide a brief legislative update with the latest from Washington on the PPP.
View additional information from Archer on the loan forgiveness application.
- Understand the PPP loan forgiveness application process
- Understand how to prepare required calculations and documentation for the loan forgiveness application submission
Timothy J. Cunningham
Timothy J. Cunningham is a partner in Archer’s Public Affairs and Public Finance Groups. He is the former head of New Jersey’s Division of Local Government Services within the Department of Community Affairs, where he served as chairman of the Local Finance Board and worked closely with county governments on numerous public matters. Through this regulatory oversight role, Cunningham has become one of the most prominent voices in New Jersey’s local government and public finance communities. As a member of Archer’s COVID-19 Taskforce, Cunningham has been providing clients with real-time guidance on the implications of the rapidly evolving epidemic, advising on the various aspects of the CARES Act, including the Paycheck Protection Program, its implementation by the Small Business Administration, and guidance issued by the Department of the Treasury.
Frances A. McElhill
Frances A. McElhill is a partner in Archer’s Nonprofit and Education Practice Groups. McElhill has more than 30 years’ experience representing nonprofit corporation clients and their boards of trustees. She serves as outside counsel to several area colleges and universities and to various international and national consortia of higher education clients and to several private school clients. She also represents a number of large nonprofit behavioral health care organizations, schools for students with developmental disabilities, and social service agencies in connection with their corporate structuring, governance, development, tax, and financing issues including being involved in a number of mergers, consolidations, affiliations, program and asset transfers, and private-public joint ventures. She also has decades of experience in public finance transactions for tax exempt organization clients. During the COVID-19 pandemic, as a member of the firm’s COVID-19 Taskforce, she has spent a good deal of her time advising her nonprofit multi-service provider clients about available federal, state, and private resources to help them sustain their programs and best seek to fulfill their missions.
David A. Weinstein
David A. Weinstein is a partner in Archer’s Business Counseling Group and has a diverse corporate practice, with a concentration in project financing and development financing. Weinstein has served as bond counsel, underwriter’s counsel, trustee’s counsel, and bank counsel for various public and traditional financing transactions including financing for educational facilities, multifamily housing projects, redevelopment projects, and for public entities. Since the outbreak of COVID-19 and the passage of the CARES Act, Weinstein has been advising public and private sector clients, including nonprofit entities, on the various aspects of the CARES Act including the Paycheck Protection Program, its implementation by the Small Business Administration, and the guidance issued by the Department of the Treasury.
Senior Director of Government Relations
Alliance for Strong Families and Communities
Ilana Levinson is senior director of government relations at the Alliance for Strong Families and Communities. In this role, she oversees public policy and advocacy for the Alliance.
Prior to joining the Alliance, Levinson served as senior director of advocacy and public policy for YouthBuild USA, an organization focused on reconnecting low-income, out-of-school youth to education and job training. She served as legislative assistant from 2006-2011 in the office of Senator Debbie Stabenow (D-Mich.), focusing on furthering legislation to expand healthy food access to low-income residents, the promotion of green collar jobs, and efforts to re-engage out-of-school youth in education and employment opportunities. She received her master’s in public and nonprofit administration from the Wagner School of Public Service at New York University and her bachelor’s in social relations and psychology from Michigan State University.
Direct questions to Ilana Levinson , senior director of government relations, at the Alliance.