Small businesses, non-profit organizations, sole proprietors and independent contractors are currently submitting their applications for $349 billion in potentially forgivable loans under the CARES Act Paycheck Protection Program (PPP). The CARES Act also provides an additional $27 billion in Small Business Administration (SBA) grants and subsidies to small businesses that have been impacted by COVID-19. Please join the Husch Blackwell team for an overview of the PPP, the Economic Injury Disaster Loan (EIDL) Program and the SBA Loan Subsidy Program.
This webinar will include information on:
- Program eligibility
- Loan amounts and use of proceeds
- Loan forgiveness and terms
- Application process
- Guidance issued by the SBA and Treasury
- Current political landscape