It was my understanding that the PPP Loan, once forgiven, would be considered a grant and would not be offset. This was from 60 days ago. Has there been a change that I missed that changed how the PPP Loan would be classified? Thanks, Steve ...
This has been my concern with the whole CARES Act funding and it has come up in earlier posts. They will give us the money then take it back via the cost report. However, grants are exempt from cost offsets, including bonds that are paid by districts ...
I completely agree with Mike here. The value of this great program will be significantly diminished with an offset. Aloha, Marcus R. Lewis, MBA, NREMT CEO / Administrator First Care Health Center Park River, ND ...
Mason, Related to funding and in particular the PPP, our hospital had a conversation with our auditors this morning and they told us that cost-reimbursed entities like us will need to offset a large portion of the PPP on our cost report. For ...