Video Seminar: Paycheck Protection Program Loan Forgiveness
To help make the PPP loan forgiveness process as easy as possible, EY developed a one-hour video seminar for Bank of America clients.
This seminar does not reflect advice from Bank of America and is not intended, and should not be relied upon, as any professional advice.
Seminar topics include:
To check your PPP loan forgiveness status, please sign in with your Online Banking username and password, click on your Paycheck Protection Program Loan and select "Check PPP Status". If you need assistance, please contact us at 866.457.4892 on Monday through Friday, from 7 a.m. to 11 p.m. Eastern, and on Saturday, from 8 a.m. to 8 p.m. Eastern. For additional resources for small businesses, including frequently asked questions on applying for PPP loan forgiveness through Bank of America, please visit our Small Business Resource Center.
Important Note: This presentation was recorded on Friday, October 23, 2020 and is provided solely for the purpose of enhancing general knowledge on the PPP forgiveness process. It does not provide any professional advice. PPP rules and regulations are subject to change, and borrowers will need to comply with the rules and regulations in place at the time they apply for loan forgiveness. Please visit the SBA, U.S. Treasury Assistance for Small Businesses, and U.S. Treasury FAQ websites for the latest information and guidance related to the Paycheck Protection Program.
- PPP loan forgiveness overview
- PPP forgiveness milestones and timeline
- Use of loan proceeds for loan forgiveness
- Qualified expenses and documents required
- How loan forgiveness is calculated
- Application Form 3508EZ, 3508 and 3508S
- Borrower considerations and responsibilities Please note the seminar does not take into account any specific individual facts or circumstances.
Important Note: This presentation was recorded on Friday, October 23, 2020 and is provided solely for the purpose of enhancing general knowledge on the PPP forgiveness process. It does not provide any professional advice. PPP rules and regulations are subject to change, and borrowers will need to comply with the rules and regulations in place at the time they apply for loan forgiveness. Please visit the SBA, U.S. Treasury Assistance for Small Businesses, and U.S. Treasury FAQ websites for the latest information and guidance related to the Paycheck Protection Program.
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