Previously, Groupon and Fundera teamed up to deliver an easy way for business owners to apply for the PPP. Now we’re working together to help you navigate the process of securing loan forgiveness for the funds you’ve received.

How Do I Get My PPP Loan Forgiven?

As of May 21st, the SBA has approved $512.2 billion in loans out of the $660 billion allocated by Congress for the Paycheck Protection Program (PPP). This financial assistance is disbursed in the form of business loans, some or all of which may be forgiven under certain conditions, effectively turning them into grants.

In this PPP loan forgiveness webinar, Justin Ridgely (Fundera’s Senior Director of Finance) and John Walsh (Groupon’s Global Head of Merchant Marketing) review the latest guidelines for how to qualify for full loan forgiveness. They cover:

• Recent updates
• What costs are eligible for forgiveness
• How to calculate your forgiveness amount
• Possible reductions to that amount
• How safe harbor provisions can help you qualify
• What documentation you need to apply
• And more!

Check out the full webinar below, and remember: as of May 21st there’s still almost $150 billion left up for grabs. If you haven’t applied for a loan yet, consider starting an application today.

Any views, opinions, advice, or endorsements herein are the author(s)’s and are not necessarily the views of Groupon or its partners.

Also check out our other COVID-related updates, guides, and resources:

• COVID-19 Update for Groupon Merchants
• 10 Tips for Small Businesses to Get Through COVID-19
• Crisis Management for Small Business Owners: Key Takeaways from Accion’s Webinar
• Cyber Security Tips for Remote Work During Coronavirus (COVID-19)
• Subscription Box Ideas for Maintaining Business Cash Flow
• Contactless Service & Social Distancing in the Workplace
• Marketing Strategy in the Time of COVID-19
• Small Business Support for Employees Out of Work During COVID-19
• Tips for Temporarily Closing Your Business Due to COVID-19
• Innovating Your Business in the Time of COVID-19
• 5 (Actually Useful) Tips to Increase Productivity at Home
• Groupon Partners with American Express to Stand for Small Business
• 5 Coronavirus Social Media Content Ideas to Keep Customers Engaged
• Starting a Business From Home: The Definitive Checklist
• Groupon Pledges to #HelpSaveLocal as Businesses Look Toward Reopening
• Balancing Parenting and Work Under Stay-at-Home Orders
• Alternative COVID-19 Small Business Funding Options