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Drilling Deep: Loan forgiveness is the next big step as PPP moves toward its completion

John Kingston
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Image: Jim Allen/FreightWaves

The last day to apply for funding under the Paycheck Protection Program (PPP) is Saturday, August 8. But that’s when things will get busy for people like Michael Rofman. 

He’s a partner and leader of the New Jersey Transportation & Logistics practice at the national accounting firm of Mazars USA. Michael has been working with clients for months now who have received money or tried to get money out of the Paycheck Protection Program.

Join Drilling Deep host John Kingston this week as Michael Rofman talks about how he views the success of the PPP and what the forgiveness process might be like. Rofman will discuss that process, which is expected to kick off next week.

Kingston will talk about the announcement this past week that two U.S. refineries will close, which is an infrequent event. How is this going to impact the supply of diesel?


Please join us on Drilling Deep.

John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.