payroll protection program | Focus Management

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Jan 4
4 min

Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act: PPP Loans Round 2

On December 27, 2020 the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act was signed into law. Read more for an update.

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Juanita Schwartzkopf

Dec 8, 2020
6 min

Where is the Tipping Point?

When the economic impacts of Covid-19 hit in March, most experts anticipated increased problems. Why didn’t we experience a tipping point?

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Focus Management Group - Webinars from 2020

paloisio

Nov 30, 2020
5 min

Focus Management Group - Webinars from 2020

We provided webinars on important topics like the Covid-19 pandemic and the various government programs. Listen for practical & useful info.

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Accounting for the PPP Loan and PPP Loan Forgiveness

Juanita Schwartzkopf

Nov 5, 2020
4 min

Accounting for the PPP Loan and PPP Loan Forgiveness

It's important to understand the variety of accounting approaches that may be used for reporting of PPP Loans and PPP Loan Forgiveness.

1,396 views0 comments

Juanita Schwartzkopf

Nov 3, 2020
5 min

PPP Loan Forgiveness Update

Oct 26 the Federal Register published a document from the SBA referencing the PPP loan forgiveness process & started a 30-day comment period

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Main Street Loan Program Change and Update

Juanita Schwartzkopf

Nov 2, 2020
1 min

Main Street Loan Program Change and Update

The MSLP program loans previously had a minimum of $250,000, but that has now changed to $100,000. Additional updates have been made.

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PPP Loan Forgiveness and Change of Ownership

Juanita Schwartzkopf

Oct 7, 2020
3 min

PPP Loan Forgiveness and Change of Ownership

When a company has a PPP loan the M&A process is complicated for companies and lenders. Does the SBA need to approve change of ownership?

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What Should You Know About PPP Loan Forgiveness?

Juanita Schwartzkopf

Oct 2, 2020
2 min

What Should You Know About PPP Loan Forgiveness?

Companies are questioning how to receive confirmation of the forgiveness of their Payroll Protection Program loan. Here is what we know...

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Focus Management Group: April Month in Review

paloisio

Apr 29, 2020
2 min

Focus Management Group: April Month in Review

Each month we will be posting an overview article that covers our recent company articles, announcements, and insights. Below is for April.

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Part 3: Accounting for the CARES Act Payroll Tax Deferral Program

paloisio

Apr 16, 2020
4 min

Part 3: Accounting for the CARES Act Payroll Tax Deferral Program

We discuss creative accounting methods related to the Payroll Protection Program, specifically the CARES Act’s payroll tax deferral program

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Part 2: Accounting for the Payroll Protection Program - Working Capital Impacts

paloisio

Apr 13, 2020
3 min

Part 2: Accounting for the Payroll Protection Program - Working Capital Impacts

Last week we discussed the income statement. This week, we will discuss the accounting for the PPP funds and working capital management.

235 views0 comments

Accounting for the Payroll Protection Program

paloisio

Apr 9, 2020
3 min

Accounting for the Payroll Protection Program

Companies are quite creative when it comes to accounting for unusual items such as the Payroll Protection Program. What will you likely see?

1,502 views0 comments

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