May 2020 Newsletter

Beyond the Numbers
May 2020
As Promised, SBA Issues Guidance on PPP Loan Forgiveness and SBA’s Loan Review Procedures

Over the last few weeks, there have been several changes made by the Small Business Administration and the Federal Government in regards to PPP loan forgiveness.

There are several takeaways to be noted, as well as the two interim final rules that were released on May 22, 2020.  Click Here to find the detailed information regarding the updates below:

Decisions Regarding Forgiveness; SBA’s Loan Review ProceduresAdditional Clarification on Payroll Costs Eligible ForgivenessDetails of Exemption From Loan Forgiveness Reduction Calculation for Employees Rejecting Offer of Rehire or RestorationAdditional Forgiveness Guidance
Apply for a PPP Loan!

Here is the direct link to the PPP Application for those of you who need to apply:
Click Here.
Meet the Newest Member of Our Team!
We want to introduce you to Morgan Barkley.  She is the newest Accounting Specialist here at On the Books. Morgan is located in Freeport, Kansas and graduated with an Associates degree in Accounting from the University of Phoenix. She comes to us with several years of experience working with small businesses, and finds enjoyment in helping others succeed.  She loves knowing that the work she is doing for clients is making their lives a little easier. In her free time she enjoys volleyball, softball, and walking with her kids.

You can reach her at morgan@onthebooksconsulting.com.
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Virtual Events to Attend in June:

2020 Fintech Generations – June 3rd @ 12:00pm – June 4th @ 9:00pm – Join the Queen City in one of the biggest fintech conferences outside fo NYC and San Francisco as some of the top speakers from around the world address emerging fintech topics.

Rural Talk: An Advocacy Speaker Series – June 4th @ 11:00am – Join as thought leaders at the national, state, and local levels, representing the public, nonprofit, private, and philanthropic sectors meet to discuss key issues affecting rural North Carolinian’s—broadband, entrepreneurship and small business development, health, housing and water and wastewater infrastructure.

Ice House Entrepreneurship Workshop – June 13th @ 10:00am-5:00pm – Free workshop for entrepreneurs led by ASPIRE Community Capital. Inspired by the life story of Pulitzer nominee Clifton Taulbert and the influence of his Uncle Cleve, “Who Owns the Ice House? Eight Life Lessons from an Unlikely Entrepreneur.”

CIO + IT Executive Roundtable – June 24th @ 7:45am-9:00am – The IT Executive Roundtable is open to IT leaders (CIOs, VP and Director-level executives with primary responsibility for their organization’s IT strategy) at NC TECH member companies/organizations. The Network meets quarterly for roundtable sessions to discuss relevant topics, as well as exchange best practices and lessons learned.

Virtual Lunch & Learn: IOT & The Rise of The Solopreneur – June 24th @ 1:00pm- 2:00pm – Inspired by hundreds of successful “solopreneurship” use cases within Ubidots, this lunch and learn will follow a step-by-step guide on how to build an IoT business from scratch, starting with basic unit economics of subscription-based businesses, and what it takes to reach break-even as a solopreneur.

Downtown Techies Happy Hours @ Midtown – June 30th 7:00pm-9:00pm – This meetup is for those who have an interest in the thriving startup market, want to know more about some companies in the area, or who just want to meet like-minded techies to bounce your next big idea off of.
Our best form of advertising is word of mouth and referrals from current clients. We are looking to add a few start-ups to our client list in 2020, so if you know anyone that we could help, please send them our way. If you don’t, you can still help by leaving us a review on Google. Just click the button below!
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Do you know someone who could use our services?

Our best form of advertising is word of mouth and referrals from current clients. We are looking to add a few start-ups to our client list in 2020, so if you know anyone that we could help, please send them our way. If you don’t, you can still help by leaving us a review on Google. Just click the button below!

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