Hello, and thank you for joining me as we walk through the online forgiveness request process for the paycheck protection program. Today, I will be covering how you will authenticate and complete the forgiveness request procedure. You will begin the process either through accessing a web address on your financial institution's website or they will be sending you an email, containing the proper web address. Here, you will be asked to fill out a few pieces of information in order to identify your business. First, you will be identifying your business email address, this will either be the email address that was used for your Paycheck Protection Program application or may be an email address that they have on file for you from prior business. Next, you will be asked for your tax identification number for your business, again this is the tax identification number from your paycheck protection program application. Lastly, the original amount of that PPP loan. This is prior to any paydowns you may have made. If you have any questions on any of these fields feel free to click into the tool tips, which will give you additional information about each field. Once you input all the information you may click, find my PPP loan, this will bring us to the forgiveness request. As you can see, all of your business information will be pre-filled. You will be able to expand upon this and make any changes if anything does looks incorrect. Additionally, we provided instructions on which forgiveness application to choose. The SBA has specified that a 3508 or a 3508EZ, may be used. If you need instructions on the 3508 or 3508EZ you can certainly click into each of these links and be brought to the SBA website. Here, you will find the full set of instructions, as they were laid out by the SBA. Back to the application, we are going to stick with the 3508EZ because the majority of the applicants have been using this, to this point. You noticed, in order to qualify for the 3508EZ you must satisfy one of the following three questions. If you have any questions about whether you qualify in each section, select the learn more and you can get the full explanation on what the SBA expects. For today’s demonstration, we will be saying yes, we did not reduce annual salary or hourly wages of any employee wages by more than 25% and the borrower did not reduce the number of employees or the average paid hours of employees between January 1, 2020 and the end of the covered period. Now, we may begin the application process. First, we are asked for annual sales. Will be displayed the original PPP loan amount, so this is brought in automatically by your financial institution. There are also additional fields that will be brought in by your financial institution, if they have it on file from the PPP loan application. Here, you can see the fourteen employees was pre-filled and we did say, yes we maintained the same number of employees, so we will go ahead and fill in fourteen. In this case, we did not have EIDL advance amount, but if you did please fill out the advance amount, as well as your EIDL application number. Choosing your payroll schedule will allow you to either use the standard covered payroll period or an alternate covered payroll period. Choosing monthly, you will not be offered the alternate covered period with a timeframe of less than that, you will be offered so that is coincides with your payroll schedule. In this case, I am going to say that I did not receive an excess of two million dollars through multiple affiliates. We do need to disclose our total payroll costs. Mortgage interest, if any. Rent or lease payments and utility payments. Once you entered that information you will notice that we calculated a forgiveness amount. This is an estimated amount that we expect to receive from the SBA. We are also calculating a forgiveness gap, which is what we expect the remaining loan balance to be. Keep in mind, these are just estimates, at this time. Once we hear back from the SBA we will have the final amounts. As I shown earlier, pay close attention to the learn more links, they will allow you to see exactly the calculations that have been done and provide additional information on what is eligible for payroll, mortgage interest, lease and so on. Okay, now that all the fields properly filled out, let’s take a look and confirm that all the information for the authorization signer is correct. The email address that we have disclosed here, will be used for any email communication. You will need to input your social security number and this is mainly used for the eSigning, that will come later. Please also certify to the eSign consent and loan forgiveness borrower certification. You have the ability to open each of these. Review everything you are certifying to. You are also able to email them to yourself, so that you have this for future review. We know that this will be an iterated process, so we have made a save button available. We expect you may come in to fill out four to five answers and may have to save this off. You can come back into the authentication page, put in your information and come back in to start where you left off. Feel free the save link. Now that we have everything inputted, let’s on go ahead and submit. This brings us to the supporting document upload phase. As you notice, across the top there is a timeline that lets you identify where you are in the process. We have completed the authentication and the forgiveness application, which has calculated the forgiveness amounts. We are now in the upload process, which will continue into the financial institution review, signatures by yourself, as well as the financial institution and finally SBA processing. We will be reviewing the remaining stages of the review process in future videos. Thank you for taking the time today to go through the authentication and forgiveness request procedure.