Join us on Monday, April 6 at 2:00 PM EST as we review the new Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – the most significant benefits package to date for COVID-19 relief. The new law will deliver over $2 trillion in economic stimulus aimed at providing relief for individuals and businesses most seriously harmed by this pandemic.
There are several beneficial provisions available, but in this webinar, we will specifically inform you of two key provisions surrounding loan programs available for small businesses – the Paycheck Protection Program and Economic Injury Disaster Loans.
While both programs are administered by the Small Business Administration (SBA), there are important eligibility, loan amount, and debt forgiveness features and differences between the two that applicants must consider.
Topics will include:
- An overview and side-by-side comparison of both loan options
- Loan forgiveness limits and details
- Best practices for appropriately applying for these loans
- Outstanding questions and where guidance is needed in the new law