A group of PPP and EIDL experts will convene as a panel to be a complimentary resource to you and your business and help you stay ahead of the PPP and EIDL loans. It is really important to get ahead of the process to stay in compliance whether it be understanding your responsibilities for repayment or the steps for loan forgiveness. We’ll cover finance, legal, accounting, and leadership topics.
You might have questions like:
- Do I have to pay tax on the PPP loan forgiveness?
- Can I deduct expenses paid with the PPP loan proceeds on my taxes?
- What can I use the EIDL for and what documentation do I need to keep?
- I am a schedule C with no employees. Do I have to cut a check to myself for the amount of PPP loan I received?
- When do I absolutely HAVE to apply for forgiveness?
- If I wasn’t able to get forgiveness, when will I start having to make payments?
- What caps apply to owner-employees/partners?
- How are FTE’s calculated and what measurement periods apply?
- What documentation must borrowers have to provide to the Bank vs. what documentation the borrower must maintain in their records?
- How long does the borrower need to keep all documentation?
When you register, you can submit your questions!
Paul McCoy is no stranger to success, with over 25 years as a business executive with experience in team leadership, program management, greenfield site development, business improvement, strategy development, sales, contracts, engineering, and business processes, this having been achieved from starting off his career as a mechanical engineer. For over 15 years Paul has been ever increasingly dedicated to the small business community, with the goal of helping owners and leaders for these businesses and enterprises improve the way they operate to improve both their lives and the bottom line. He is a certified Business Coach with Tidal Coach and ActionCoach and is passionate about making a difference to businesses that want to improve the way they are currently operating.
Paul is a Certified Innermetrix Consultant (CIC) combines the best of three world-class profiles – Attribute Index, Values Index, and the DISC Index. The assessment provides invaluable information when growing teams to hire the right people and optimizing current team performance.
Leslie M. Smith
Leslie M. Smith is Co-Chair of the Dentons Bingham Greenebaum Women’s Forum. She concentrates her practice in finance, corporate law, and real estate.
Leslie represents institutional clients, borrowers, and lenders to structure complex financing transactions. Leslie prepares and negotiates loan agreements, promissory notes, guarantees, indemnification agreements, mortgages, pledge agreements, and other security instruments, corporate authorizations, and certificates, inter-creditor agreements and other ancillary documents related to loan transactions and collateral for loans. Leslie also provides counsel regarding loan default issues, indemnification claims, and other issues relating to impaired collateral. Leslie helps clients who are pursuing financing opportunities by evaluating risks and advising on how each opportunity may impact the client’s desired outcome.
Tina began her career in public accounting in 1994 while earning her undergraduate degree in accounting. She paid her tuition by traveling from business to business providing on-site bookkeeping, payroll, and accounting services, and developing lasting relationships. She graduated in 1998 from the Indiana University Kelley School of Business with a bachelor’s degree in accounting. By then, she was a new partner in a certified public accounting firm located in Speedway, Indiana.
In July 2002, she spun off on her own, formed A.C.T. Services, obtained her certified public accountant (CPA) license, and began building her business. Her practice has grown to a clientele of more than 1,200 clients and a team of more than a dozen staff members.
Tina attributes her business growth to being proactive with her clients and maintaining the affordability and accessibility of her services. She believes that the better consultant for small business owners is herself a small business owner.
In her free time, Tina enjoys boating with her husband and three stepdaughters.
Tina is a member of the American Institute of Certified Public Accountants (AICPA) and the Indiana CPA Society.
John P. DeLucia
If you’re a business owner who needs financial advice, it would be hard to find anyone more qualified to talk with than John. He started his financial services career more than 25 years ago, after graduating from Indiana University in Bloomington. He has always focused on working with businesses, and specializes in maximizing cash flow through the use of technology, financing, account structure, business lines of credit, equipment financing, payroll processing, and merchant services. Over the years he has earned numerous awards, including the prestigious Certified Treasury Professional (CTP) designation from the Association of Financial Professionals.
Contact John today to discuss your business’ financial needs. (He even speaks Arabic!)
P: 765-521-6545 ext: 7745 C: 317-250-9982