SBA Webinar
PPP Lending
We recently hosted webinars to go through the details of PPP lending and take questions. A recording is available above, and we will post details for any future webinars on this page.
If you have questions or want to talk through your options, your financial advisor is just a phone call away. If you’re not sure how to reach out to them, you can search for Pinnacle offices and associates on our Contact Us page.
PPP Forgiveness
So much has changed with PPP forgiveness. There's a new application for small loans, approvals and payoffs have started to come through and some loans will soon be audited. Get the latest updates and answers to your questions in this webinar for Pinnacle clients.
We also encourage you to visit PNFP.com/PPPForgiveness for the very latest information.
As a reminder, the certifications as well as the burden to show eligibility and entitlement to forgiveness falls solely on the borrower and the owners thereof per the CARES Act, rules and guidance issued thereunder, the applications, and our loan docs., as do the significant penalties if any issues arise with regard to a borrower’s participation in the PPP program. Accordingly, we encourage you to review the PPP rules and regulations on the Treasury website. Additionally, the tax rulings on forgiveness, including announcement 2020-12, are included on the IRS website.
Legal Disclaimer: The information provided herein does not, and is not intended to, constitute legal advice; instead, all information is for general informational purposes only. Information contained herein is subject to change and may not constitute the most up-to-date information. It is recommended that you contact your attorney to obtain advice with respect to any particular legal matter, and you should not act or refrain from acting on the basis of information contained herein without first seeking advice from your attorney. Only your individual attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. All liability with respect to actions taken or not taken based on the contents hereof are hereby expressly disclaimed. The content herein is provided "as is;" no representations are made that the content is error-free.