Insights 7/17/20

We hope that you and your employees continue to be safe and healthy during this trying time. To compliment the regular updates on the different legislation that has been passed to assist businesses (and the PPP loan aspect of those in particular), we wanted to reach out again with some additional, and hopefully helpful, information. RMI has worked with our national association in producing a video compilation of how we can help with the issues related to paid leave, employees working from home, and return to work.

RMI YouTube: RMI video regarding the PPP (Part 1)
RMI YouTube: RMI video regarding the PPP (Part 2)

More specifically, this video will aid you in navigating the following:

  • The PPP Loan Process (beginning at 3:56 of Part 1)
  • The PPP Loan Forgiveness Process (beginning at 5:35 of Part 1)
  • The PPP Flexibility Act (beginning at 7:35 of Part 1)
  • New, Simpler PPP Loan Forgiveness Forms (beginning at 1:55 of Part 2)
  • Issues for Employers/Borrowers to Keep in Mind (beginning at 4:06 of Part 2)

If any of the foregoing subject areas are of interest to you, then please take a look at that part of the video that is applicable. It is quite helpful and informative. And, as always, if you have any questions or concerns, please do not hesitate to reach out to us for assistance

Part 1

Part 2