Select Page

Financial Intelligence

Paycheck Protection Program (PPP) Loans – Entering the Next Phase

Addressing borrower forgiveness and future compliance considerations

Presented by: Michael Schor, Partner, Shaun Nabil, Senior Manager and Sunil Kapur, Managing Director, Deloitte

• • • • • • • •

During this webinar, we highlighted to our membership that PPP lending has been a primary focus with many unknowns still yet to unfold. In this session, we welcomed Michael Schor and Sunil Kapur of Deloitte, who explored topics such as borrower forgiveness and PPP compliance considerations. They also addressed potential solutions to minimize the level of effort for lenders and borrowers, which would enable consistent processing of forgiveness claims across small and medium lenders and allow members to remain focused on serving their customers.

Watch Our Webinar

Disclaimer: Notwithstanding any language to the contrary, nothing contained in these disclosures is intended to constitute an offer, inducement, promise, or contract of any kind. Any product descriptions and pricing may be subject to change without notice.

The content provided in these disclosures is presented as a courtesy to be used only for informational purposes and is not represented to be error free. The FHLBNY makes no representations or warranties of any kind with respect to the content contained herein, such representations and warranties being expressly disclaimed. The FHLBNY is not a financial or investment advisor.

Moreover, the FHLBNY does not represent or warrant that the content of these disclosures is accurate, complete or current for any specific or particular purpose or application. It is not intended to provide nor should anyone consider that it provides legal, accounting, tax or other advice. Such advice should only be rendered in reference to the particular facts and circumstances appropriate to each situation. The FHLBNY encourages you to contact appropriate professional(s) and consultant(s) to assess your specific needs and circumstances and to render such advice accordingly. In addition, the FHLBNY is not endorsing or recommending the use of the means or methods contained in or through these disclosures for any special or particular purpose.

It is solely your responsibility to evaluate the risks or merits of any funding or investment strategy. In no event will FHLBNY or any of its officers, directors or employees be liable for any damages — whether direct, indirect, special, general, consequential, for alleged lost profits, or otherwise – that might result from any use of or reliance on these materials.

Key Contacts

Relationship Managers:
(212) 441-6700
Member Services Desk:
(212) 441-6600 or
(800) 546-5101, option 1

[email protected]

Download the PDF

Click Here