Wendy Seligson of Fiscal Management Associates answers your questions about Paycheck Protection Program loans with special emphasis on loan forgiveness and on the latest guidance issued by the Small Business Administration.

Learn about:

· When to use the Form EZ?
· Deciding between the 8 week and 24 week spending periods; and, is there an option in between?
· Methods for calculating FTEs to determine if your forgiveness must be reduced
· Where is the best place to start?
· Understanding the Safe Harbors

Wendy Seligson is a Senior Advisor for FMA and founder of Wendy Seligson Consulting, a nonprofit management consulting firm that works with clients to find solutions to financial, management and operational challenges. At FMA, she has been part of FMA’s Paycheck Protection Program Rapid Response team since late March 2020. With over twenty years as senior executive and chief operating officer in New York City nonprofits, Wendy is experienced at managing complex nonprofit organizations through periods of growth and change. A lawyer, with a JD from New York University School of Law and an undergraduate degree from Duke University, Wendy practiced real estate law before entering the nonprofit sector.

All FENG members at organizations who received a PPP loan, nonprofit or not, are welcome to join us.