Paycheck Protection Program Loan Memorandum Account. The Settling Parties agree that Great Oaks is authorized to maintain this account until a decision is made whether the loan received by Great Oaks is forgiven. When the loan is or is not forgiven, the account shall then be closed with no recovery permitted from ratepayers. References: A.00-00-000 Application, pp. 7 – 9; Exhibit GOWC-5, pp. 43 – 50; Exhibit CA-1, pp. 8-1 to 8-12.