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Crowe PPP Tool
    Crowe PPP Tool
    Purchase Crowe PPP Tool
    • SKU: crowe_ppp_tool
      Crowe PPP Tool

    • $3,500.00

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    • Product Terms & Conditions Agreement

      Please read through all the terms & conditions of this product and scroll down to agree to the terms.

      TERMS AND CONDITIONS FOR THE
      CROWE PAYROLL PROTECTION PROGRAM TOOL (“PPP Tool”)

      All references to PPP Tool herein include reference to PPP Tool 2.0, as applicable.

      This PPP Tool is licensed by Crowe LLP to the legal entity that purchased the PPP Tool, and its parents, affiliates, subsidiaries, or other entities under its control (each a “Client Entity,” or collectively “Client”), in exchange for payment of the fee invoiced by Crowe to Client or a Client Entity, and on the express condition that Client agrees its use of the PPP Tool and any related services is subject to these Terms and Conditions for the Crowe Payroll Protection Program Tool (the “PPP Tool Terms and Conditions”) and the terms and conditions of the most recent engagement letter agreement (or other agreement) executed between Crowe and Client or a Client Entity. If there is no other agreement executed between Crowe and a Client Entity or Client, these PPP Tool Terms and Conditions apply and constitute the complete agreement between Crowe and Client related to Client’s use of the PPP Tool and any related services. By using the PPP Tool or any related services, Client acknowledges and agrees Crowe is relying upon Client’s acceptance of and agreement to these PPP Tool Terms and Conditions, and if applicable the terms and conditions of the parties’ most recently executed engagement letter or other agreement. In the event of a conflict between the PPP Tool Terms and Conditions and the terms and conditions of any other agreement with Crowe, these PPP Tool Terms and Conditions will control.

      Purpose of PPP Tool. The PPP Tool is to be used as one of many tools to assist Client in applying for a loan under the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP Program”) and to assist Client with determining the loan amount in the application process or determining loan forgiveness with respect to a loan received under the PPP Program. Any other use or distribution of this PPP Tool is prohibited. Use of the PPP Tool does not provide any assurance or guarantee that the SBA, Treasury, or a court will concur with the PPP Tool’s output as such output relates to grant of a PPP loan, forgiveness of a PPP loan, calculation of a PPP loan, or any other purpose. Client is responsible for preparation of the loan application and loan forgiveness verification and any other required documentation according to the terms of the PPP Tool. The PPP Tool is based upon guidance issued by applicable authorities as of May 26, 2020. Crowe has no responsibility to update this document for law changes, guidance, events, circumstances, or other changes occurring after this date. Client is responsible for the accuracy and completeness of information used in connection with the PPP Tool or provided to Crowe relating to any services, and Client is responsible for timely updating such information. Client agrees Crowe may rely on the information provided to Crowe without investigation or other attempts to verify its accuracy or completeness.

      Client Responsibilities. Client agrees to be responsible to make all management decisions and perform all management functions. Client will designate a management representative who possesses suitable skill, knowledge, and/or experience, to operate and assess the output of the PPP Tool any related services; evaluate the adequacy and results of the PPP Tool and any related services; accept responsibility for the results of the PPP Tool and any related services; and establish and maintain internal controls, including monitoring ongoing activities. The management representative shall be knowledgeable in all laws, regulations, and industry practices applicable to the PPP Tool and any related services. Client will be responsible to determine and approve the risk to be undertaken by Client in using the PPP Tool and any related services, and the management representative shall determine whether to accept the results of the PPP Tool or any related Crowe services. Client will be responsible for communicating any PPP Tool output and the results of any related services within Client’s organization. Client shall be responsible for determining when, whether, and how any results or recommendations related to the PPP Tool and any related services are to be implemented. The accuracy and completeness of the information provided to Crowe for purposes of this engagement and for timely updating such information. The PPP Tool and any related services do not constitute an audit, review, examination or other form of assurance under standards established by the American Institute of Certified Public Accountants, and the output of the PPP Tool and any related services do not constitute any type of opinion by Crowe under such standards or other standards.

      Not Legal Advice. Client will not rely upon Crowe or the PPP Tool for legal advice and will consult with its own legal counsel for legal advice. The PPP Tool and any related services cannot be relied upon to determine compliance with laws or regulations, or to disclose errors, fraud, or illegal acts that may exist. Crowe will not address legal or regulatory matters or abuses of management discretion, which are matters that should be discussed by Client with Client’s legal counsel. Although some Crowe professionals may have a Juris Doctor degree or an L.L.M. degree, Crowe and its personnel do not practice law and have not been engaged by Client to provide any legal advice. Client is responsible for engaging its own legal counsel for any legal advice.

      License and Restrictions on Use. Client acknowledges and agrees that Crowe retains all right, title and interest in and to the PPP Tool. Crowe is the sole and exclusive owner of all copyrights, trademarks and trade secrets inherent in and appurtenant to the PPP Tool. Other than as expressly set forth in these PPP Tool Terms and Conditions, no licenses, subscriptions or other rights in the PPP Tool are granted to Client. The PPP Tool is solely for Client’s internal business use. Client will not allow use of the PPP Tool by any other person or entity. Client shall not allow any third party to have access to the PPP Tool without Crowe’s prior written consent. Client shall not assign, transfer, disclose, publish, disseminate, sublicense, rent, sell, distribute, redistribute or allow or permit any other person within Client’s control to assign, transfer, disclose, publish, disseminate, sublicense, rent, sell, distribute or redistribute the PPP Tool to any other person or entity without the prior, written and express consent of Crowe, which consent may be withheld in Crowe’s sole discretion.

      DISCLAIMER OF WARRANTIES. THE PPP TOOL AND ANY RELATED SERVICES ARE PROVIDED “AS IS,” “WITH ALL FAULTS,” AND “AS AVAILABLE” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, OR STATUTORY. CROWE DOES NOT WARRANT THAT THE PPP TOOL OR ANY RELATED SERVICES WILL BE ERROR-FREE, NOR DOES CROWE MAKE ANY WARRANTY AS TO THE RESULTS TO BE OBTAINED FROM THE USE OF THE PPP TOOL OR RELATED SERVICES. CROWE EXPRESSLY DISCLAIMS ALL OTHER EXPRESS, IMPLIED, OR STATUTORY WARRANTIES, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, COMPLETENESS, CURRENTNESS, ACCURACY, NON-INFRINGEMENT OR THOSE ARISING BY STATUTE OR OTHERWISE IN LAW FROM A COURSE OF DEALING OR USE OR TRADE. CLIENT ASSUMES FULL RESPONSIBILITY FOR THE SELECTION OF THE PPP TOOL AND RELATED SERVICES TO ACHIEVE INTENDED RESULTS AND FOR THE CONFIGURATION USE AND RESULTS OBTAINED FROM THE PPP TOOL OR RELATED SERVICES. SPECIFICALLY, CROWE IS NOT RESPONSIBLE FOR LIABILITY OR FEES TO DEFEND ANY REGULATORY OR OTHER LEGAL REVIEW OR INVESTIGATION, ANY TAX AUDITS (OR OTHER GOVERNMENT-RELATED INQUIRIES), PENALTIES, INTEREST OR ANY OTHER COSTS ASSOCIATED FROM USE OF THE PPP TOOL OR RELATED SERVICES. CROWE DOES NOT WARRANT THE PERFORMANCE OF THE PPP TOOL OR RESULTS CLIENT MAY OBTAIN BY USING THE PPP TOOL OR RELATED SERVICES, OR THE RESULTING DOCUMENTATION OR FORMS. CROWE DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THE PPP TOOL WILL MEET CLIENT’S REQUIREMENTS OR THAT THE PPP TOOL OR RELATED SERVICES WILL BE ERROR FREE.

      LIABILITY. THE PARTIES AGREE THAT CROWE SHALL HAVE NO LIABILITY WHATSOEVER RELATING TO CLIENT USE OF PPP TOOL OR RELATED SERVICES, INCLUDING, BUT NOT LIMITED TO, SPECIAL, INDIRECT, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY OR PUNITIVE DAMAGES, OR FOR ANY LOST PROFITS, LOST SAVINGS, OR LOST BUSINESS OPPORTUNITY, EVEN IF CROWE HAD REASON TO BE AWARE OF THE POSSIBILITY OF SUCH DAMAGES, REGARDLESS OF THE BASIS OF LIABILITY OR THE FORM OF ACTION. CLIENT UNDERSTANDS THAT CLIENT IS SOLELY RESPONSIBLE FOR COMPLIANCE ALL LAWS AND REGULATIONS. CROWE IS EXPRESSLY NOT LIABLE FOR CLIENT’S COMPLIANCE WITH LAWS OR REGULATIONS OR ERRORS IN THE PPP TOOL. THE LIMITS OF LIABILITY IN THESE PPT TOOL TERMS AND CONDITIONS APPLY TO THE FULLEST EXTENT ALLOWED BY LAW AND WILL APPLY TO ANY CLAIM, LIABILITY OR DAMAGES, INCLUDING WITHOUT LIMITATION TO ANY CLAIMS, LIABILITIES, OR DAMAGES BASED IN CONTRACT, NEGLIGENCE OR OTHER TORT, WARRANTY, INDEMNITY, FIDUCIARY PRINCIPLES, STATUTE OR COMMON LAW. CLIENT ASSUMES THE ENTIRE RISK AS TO THE USE OF THE PPP TOOL AND ITS RESULTS AND PERFORMANCE. THIS LIMITATION OF LIABILITY SHALL ALSO APPLY AFTER TERMINATION OF THESE PPP TOOL TERMS AND CONDITIONS.

      No Third-Party Beneficiaries. Nothing in these PPP Tool Terms and Conditions (or any other document), express or implied, is intended or will be construed to confer upon any person other than the parties hereto any right, remedy or claim under or by reason of Client’s use of the PPP Tool or related services. No Client Entity, and no other person or entity, may use or rely upon the PPP Tool unless it has agreed to be bound by all provisions of the PPP Tool Terms and Conditions.


       
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    Get clarity on the Paycheck Protection Program with our innovative tool


    As a business owner, you’re juggling a lot to keep your business afloat right now. The Paycheck Protection Program (PPP) can be a great way to help – but managing all the requirements can be overwhelming. The Crowe PPP Tool can help prepare your business to apply for a PPP loan and loan forgiveness.