Nonprofit Resources
New COVID-19 Resources for Nonprofits, Churches & Higher Ed
May 21, 2020 - Learn about applying for PPP loan forgiveness, access recorded webcasts, and more with this week's COVID-19 Resources email alert.
First Look at Applying for PPP Loan Forgiveness
May 18, 2020 - The SBA has released the Paycheck Protection Program Loan Forgiveness Application and accompanying schedules and instructions. Here's an overview.
Education Dept. Guidance on Initial Higher Education Emergency Relief Fund Reporting
May 18, 2020 - Institutions that received funds through the Higher Education Emergency Relief Fund must post the following information on their website within 30 days of receiving the allocation.
PPP Loan Forgiveness Application Now Available
May 16, 2020 - The Treasury Department has released the Paycheck Protection Program (PPP) Loan Forgiveness Application.
New COVID-19 Resources for Nonprofits, Churches & Higher Ed
May 14, 2020 - Learn about updates from the SBA, payroll costs and PPP loans, upcoming webcasts, and more in this week's COVID-19 Resources email alert.
SBA Extends Safe Harbor for Returning PPP Funds to May 18
May 14, 2020 - The Small Business Administration (SBA) has extended the safe harbor due date for returning Paycheck Protection Program (PPP) loan funds again, this time to May 18, 2020.
“Insights” Facebook Live Series for Church Leaders
We’re excited to introduce our new “Insights” Facebook Live series! Join us each Thursday at 12 p.m. ET for financial, governance, and other guidance for church leaders in under five minutes.
SBA Releases Guidance on Certification of the Necessity of a PPP Loan
May 13, 2020 - The SBA has released the promised guidance regarding the good faith certification of the necessity of a Paycheck Protection Program loan. You do not need to substantiate necessity for loans under $2 million.
Payroll Costs and Paycheck Protection Program Loan Forgiveness
May 13, 2020 - Many organizations have questions about what costs can be included in allowable payroll costs in order to maximize PPP loan forgiveness.
IRS Provides FAQs About Emergency Relief Funds Disbursed to Students
May 11, 2020 - The IRS has provided answers to questions about funds disbursed to students under the Higher Education Emergency Relief Fund created by the CARES Act.