Jimmy LaRose Archives - Page 8 of 18

May 17, 2020

PPP Loan Forgiveness Application, Template And Video for Nonprofits

PPP Loan Forgiveness Application, Template & Video for Nonprofits provides charitable execs clarification and the tools they need to turn a portion (or all) of their PPP Loan into a grant. Produced over the weekend by the team at QuickBooks University and reviewed by INSIDE CHARITY these utilities make sense of what is arguably the next important

May 22, 2020

Nonprofit PPP Forgiveness May Be Harder To Receive Than Original Loan

Nonprofit PPP Forgiveness May Be Harder To Receive Than Original Loan is Inside Charity’s update on what nonprofits will face in the next days and weeks regarding the CARES Act. Banks are preparing for a flood of applications from nonprofits for loan forgiveness marshaling staff to help charities navigate a complicated process that recalls the confusing early days of the relief effort. Nonprofits that received PPP funding in early April can start to submit forgiveness […]

May 28, 2020

Nonprofit PPP Flexibility Act Passes House – May 28, 2020

Nonprofit PPP Flexibility Act celebrates the U.S. House of Representatives bipartisan legislation passed today to give nonprofits more flexibility with the loans they received to keep their charities afloat. The Paycheck Protection Program (PPP) Flexibility Act of 2020 passed with a 417-1 vote and now heads to the Senate (WHERE IT IS EXPECTED TO PASS!) “Millions of nonprofit organizations in this country are one step closer to meaningful relief,” Rep. Dean Phillips, D-Minn., and Chip Roy, […]

May 31, 2020

Charity PPP Loan Flexibility Act – Seven Things Nonprofits Need to Know

Charity PPP Loan Flexibility Act – Seven Things Nonprofits Need to Know is INSIDE CHARITY’s review of the new Paycheck Protection Program Flexibility Act which “attempts” to ease restrictions on charities as they seek loan forgiveness under the Paycheck Protection Program authorized by the CARES Act. While there is optimism in Washington that this new bill will reach President Trump’s desk for signature, there is no guarantee of when or if this may happen. And, until […]