Join us for a discussion led by Jack Schron, President and CEO of Jergens, Inc., who will share how his company is meeting the challenge to use the funds received from the PPP loan program to positively impact their business while still qualifying for forgiveness. Jack will be joined by Robert Shenton of Plante Moran, who will provide insight on the likelihood of the forgiveness for specific projects given the SBA’s clarification of the PPP legislation.

This situation is especially difficult if your business is operating at a slower rate than pre-COVID-19, which is the case for most manufacturers. However, what appears to be a problem may, in fact, be a tremendous opportunity. Companies with the vision to identify a project or initiative may be able to advance their business by

Pursuing a new product, process, or customer
Upgrading or updating their physical plant, office, or equipment
Training employees or reorganizing workflow

Now is the time to use your workforce to make an investment in your future and have the government funding pay for it. The challenge is to accomplish this project in an eight-week time period, so you must get started today.

Be prepared to share your ideas and hear the thoughts of other manufacturers while having access to the expertise of our presenters.

Our Presenters

Jack Schron, Jr. has led Jergens, Inc. as President and CEO for nearly 30 years, as well as co-founding the internet education business, Tooling University. As a member of the Cuyahoga County Council, Jack chairs the Economic Development & Planning Committee and serves as a member of the Finance & Budgeting, Health, Human Services & Aging and Education, Environment & Sustainability Committees. His first priority is job creation in traditional and new and emerging sectors. A 1966 graduate of Chagrin Falls High School, Mr. Schron received a Bachelor of Science in 1970 from Florida Southern College and a Juris Doctorate from Ohio Northern University in 1975. He is licensed to practice law in Ohio and Florida.

Robert Shenton has spent 30 years at Plante Moran working with clients on their accounting, tax, and consulting needs. He works primarily in serving commercial clients with a focus in the manufacturing industry. Robert assists clients by making a "complex world simple" which is definitely a focus in our current environment. He has recently moved to Cleveland after spending the last 20 years in Columbus and has become involved with Manufacturing Works as part of the Resource Development Committee. Robert has been actively advising clients on the accounting, tax and business aspects of the CARES act and the various considerations, benefits and risks, from participating in the Payroll Protection Program.

Thinking Outside the Box to Maximize PPP Loan Forgiveness

What appears to be a problem may, in fact, be a tremendous opportunity. Companies with the vision to identify a project or initiative may be able to advance their business.

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