Financial guide to re-open practices and seek loan forgiveness

As practices begin to re-open and resume full activity across the United States, it is time to take a hard look at the financial impact of the COVID-19 shutdown and how practice owners can mitigate long-term effects.This article outlines a few actions to take and calculations to consider with the Paycheck Protection Program (PPP) loans.If your practice extended payment terms with vendors or worked with your bank to change payments on loan obligations, now is the time to recontact those vendors and lenders to resume a more normal payment schedule. In doing so, make sure you are aware of theRead More

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