For those agricultural producers who received Paycheck Protection Program (PPP) funding, Farm Credit East is offering an informational webinar to prepare producers to apply for loan forgiveness. This free session will be offered twice in a webinar format. The first webinar will be held on Thursday, May 21, at 9 a.m. EDT, and the second will be held Friday, May 22, at 9 a.m. EDT.
Farm Credit East business consultants Erin Pirro and Keith Dickinson will present these guidance webinars. They will discuss the requirements for producers who plan to apply for loan forgiveness after they have spent the PPP funds. The presentation will include a discussion of expense tracking and documentation requirements based on initial guidance issued by the Small Business Administration on May 15. Both webinar sessions will present the same information.
In addition to these two webinar presentations, Farm Credit East will be holding a Q&A session on Wednesday, May 27, at 9 a.m. EDT, for those producers who have specific questions and to review any additional guidance available at that time.
To register for either free, one-hour webinar or to participate in the Q&A session, visit FarmCreditEast.com/Webinars. For ongoing updates on tax provisions including updates on tax law changes resulting from the COVID-19 pandemic along with other helpful state and federal resources, visit our COVID-19 Resource Hub at FarmCreditEast.com/COVID19.