To kick off their discussion, Andrew gives an update on the PPP and discusses how the program is coming to a close soon and urges those who haven’t applied to move quickly. He and Adam then talk about what the ERC is and how it will be used to help companies who can show that they tried to retain their employees during the past year’s events. Andrew goes into more detail on the eligibility requirements for applying to the ERC so businesses know if it’s something they can consider. He clarifies that the application process and calculating the credit amount isn’t as simple as it appears and how there are elements to the process that are complicated. Adam then asks Andrew about how much the credit looks like to companies and how they can roughly calculate so that they know the impact of the credit for their needs. For the rest of the episode, Andrew dives into the combination of the PPP and the ERC and how they overlap and what methodical approach companies can take to effectively make use of both.