Initially launched through the CARES Act, Paycheck Protection Program (PPP) loans provide a vital lifeline for organizations struggling to maintain payroll and pay operating expenses during the COVID-19 pandemic. With opportunities for second draw loans and expanded eligibility now in place, it is essential that loan recipients position themselves to maximize forgiveness potential and prepare for the possibility of an SBA or IRS audit.
MGO provides a complete suite of advisory, accounting, and application assessment services to organizations navigating PPP loans. Discover how we can help your organization maximize the potential of the PPP program.
Second Draw Assessment
Support for preparing or finalizing a PPP loan application focused on ensuring it is free of errors and red flags, you have the appropriate documentation, and you are positioned for the maximum amount of forgiveness.
Loan Forgiveness Assessment
Application errors and documentation mistakes can put PPP loan forgiveness at risk. We provide compliance-focused application assessments to help you achieve the greatest potential for loan forgiveness.
SBA Audit Liaison & Support
Recipients of loans of $2MM or more are guaranteed an SBA audit, and other recipients may be subject to scrutiny. Our forensic accounting services help by ensuring accurate information and providing guidance in the event of an audit.
Tax Provision Analysis
Many organizations are struggling with tax accounting complexities related to financial statement accuracy and new credits and incentives. Our tax team can help optimize forecasting, realize deferred tax assets, and navigate shifting tax laws.
Every new relief package signed into law brings changes to eligibility rules, loan terms and conditions, forgiveness requirements and more. Our team stays up-to-date on the latest changes and can help you maximize value and maintain compliance.
Clear, actionable guidance can be the key to accessing financial relief, and realizing the benefits of loan forgiveness.
Discover what our thought leaders are saying about the topics our clients care about most.
MGO combines deep industry expertise with proven accounting and advisory solutions to deliver tangible results.
Organizations must transitions into a recovery stage, focusing on building business continuity and competitive strength to succeed in the “New Normal”…
PPP Loan Forgiveness
The Paycheck Protection Program (PPP) has allowed many employers to maintain payroll during the COVID-19 pandemic with a completely forgivable principal…
Provider Relief Fund
The Provider Relief Fund (PRF) offers a financial boost at the federal and state level to healthcare providers directly impacted by the coronavirus pandemic…
Every day we are working with businesses, non-profits, state and local government agencies, and other organizations to effectively recover from the COVID-19 pandemic.
How can we help you?