Received: from mta45.cpro20.com ([216.24.225.45]:1213) by stodi.digitalkingdom.org with esmtps (TLSv1.2:ECDHE-RSA-AES256-GCM-SHA384:256) (Exim 4.92) (envelope-from ) id 1jVbws-0002Z1-BC for lojban@lojban.org; Mon, 04 May 2020 07:20:00 -0700 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; s=key1; d=cp20.com; h=List-Unsubscribe:Message-ID:Date:Subject:To:From:Reply-To:MIME-Version: Content-Type; bh=+0myvUbAF3N6EV/lrt+zwYsgAE73Fmd8QlfAMayqeSU=; b=f4gSNQIAmREr6M3VHq2Oj3twnePSJuRigEYZfU0QA2y00KVEVoks8IZ9FFjH52YBz4PHBEqv5ABo 88pz6rsxrY01Y+TTKPqVP5RNhV7QzQ5QFqx53Gye0xaKedjGpBDkaoUarS6JbiXpfZvnSoT1atQt aiUqnKzunY4J0A1np3I= Received: by mta45.cpro20.com id hm0i922kcoo4 for ; Mon, 4 May 2020 10:19:27 -0400 (envelope-from ) List-Unsubscribe: X-Campaign-Shard: 1 Bounces-To: bounce_qdafby_gmnhvtit_o@cp20.com Message-ID: <1588601892979.43286325.120437614.29719122258@backend.cp20.com> X-Campaign: 43286325/120437614/29719122258 Errors-To: bounce_qdafby_gmnhvtit_o@cp20.com Date: Mon, 4 May 2020 10:19:27 -0400 Subject: Nonprofit Execs, PPP Loan Forgiveness for Nonprofits To: Nonprofit Execs & Board Members From: "Inside Charity" Reply-To: "Inside Charity" MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_Part_1222959225.1588600812339" X-Spam-Score: -1.3 (-) X-Spam_score: -1.3 X-Spam_score_int: -12 X-Spam_bar: - ------=_Part_1222959225.1588600812339 Content-Type: text/plain;charset=UTF-8 Nonprofit Execs, How Does Nonprofit Loan Forgiveness Work Dear Nonprofit Execs & Colleagues In Service, Beyond the ease of qualifying and low interest rates, perhaps the most attractive feature of Paycheck Protection Program (PPP) loans is that they are eligible for “forgiveness.” This means that the lender can release the borrower from the obligation of repaying the balance. In other words, borrowers can get up to 2.5 times their monthly payroll costs without paying a cent. However, “free” money is seldom unconditional. For example, if you’ve received PPP loan funds, you must apply for forgiveness within 90 days after the eight-week loan term. Applications for forgiveness will not be accepted after that period. PLEASE NOTE: The Small Business Administration HAS NOT provided the ACTUAL APPLICATION TO BE USED FOR LOAN FORGIVENESS. (Don’t be surprised if there’s confusion early on!) Inside Charity is pleased to report that over 400 comments and questions have been recorded at Inside Charity by nonprofit executives, staff, board members, ministry leaders and volunteers over the past ten days. We grateful to everyone who has participated and want to encourage as many as people as possible to continue to share their experiences. Your written comments and contributions have helped your colleagues navigate this process. We are all in the throes of the global pandemic. Charities everywhere are feeling the effects of isolation measures, business shutdowns, travel bans, and markets crashing. InsideCharity is here to make sure receive the information you require to navigate these unprecedented times. We're in direct contact with the Small Business Association (SBA) and Internal Revenue Service (IRS) to provide you real-time updates you need to access CARE Act funding as soon as possible. We look forward to hearing from you. Simply reply to this email or subscribe above to ensure you receive CARES Act Updates every time the Federal Government makes them available. Warmly, James P. LaRose, CNE, CDE, CNC Senior Editor You are subscribed to this email as lojban@lojban.org. Click here to modify your preferences http://trk.cp20.com/form?1zpe9a--11cug-dnhzxhu5&sl=r3&t=1&ac=g62g or unsubscribe http://trk.cp20.com/form?1zpe9a--11cug-dnhzxhu5&sl=r3&t=5&ac=g62g. ------=_Part_1222959225.1588600812339 Content-Type: text/html;charset=UTF-8
(Because of your important work with Charitable Organizations)                                                 

Nonprofit Execs, How Does Nonprofit Loan Forgiveness Work

(Because of your important work with Charitable Organizations)

(Press Capitol Building Below To Read More)

Nonprofit PPP Loan Forgiveness 600 EMAIL HEADE.jpg

Dear Nonprofit Execs & Colleagues In Service,

Beyond the ease of qualifying and low interest rates, perhaps the most attractive feature of Paycheck Protection Program (PPP) loans is that they are eligible for “forgiveness.” This means that the lender can release the borrower from the obligation of repaying the balance. In other words, borrowers can get up to 2.5 times their monthly payroll costs without paying a cent.

However, “free” money is seldom unconditional. For example, if you’ve received PPP loan funds, you must apply for forgiveness within 90 days after the eight-week loan term. Applications for forgiveness will not be accepted after that period.

PLEASE NOTE: The Small Business Administration HAS NOT YET RELEASED THE ACTUAL APPLICATION TO BE USED FOR LOAN FORGIVENESS. 

Don’t be surprised if there’s confusion early on! SUBSCRIBE HERE to receive “SBA LOAN FORGIVENESS APPLICATION” as soon as it’s released. VISIT HERE TO READ ENTIRE ARTICLE
 


Inside Charity is pleased to report that over 400 comments and questions have been recorded at Inside Charity by nonprofit executives, staff, board members, ministry leaders and volunteers over the past ten days. We grateful to everyone who has participated and want to encourage as many as people as possible to continue to share their experiences. Your written comments and contributions have helped your colleagues navigate this process.

We are all in the throes of the global pandemic. Charities everywhere are feeling the effects of isolation measures, business shutdowns, travel bans, and markets crashing. InsideCharity is here to make sure receive the information you require to navigate these unprecedented times. We're in direct contact with the Small Business Association (SBA) and Internal Revenue Service (IRS) to provide you real-time updates you need to access CARE Act funding as soon as possible.

SUBSCRIBE HERE TO STAY UP-TO-DATE.

We look forward to hearing from you. Simply reply to this email or subscribe above to ensure you receive CARES Act Updates every time the Federal Government makes them available.

Warmly,

James P. LaRose, CNE, CDE, CNC

Senior Editor


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