Diverse Business Webinar - Southern Company
Date and Time
Thursday Apr 9, 2020
12:00 PM - 2:00 PM EDT
Location
Contact Information
Barbette Hill-Washington
Send Email
Description
Navigating the Paycheck Protection Program
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll during the COVID-19 response.
SBA will forgive an if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest or utilities.
The Paycheck Protection Program will be available via existing SBA lenders or federally insured financial institutions through June 30, 2020. Applications are being accepted NOW!
The Presenters will cover:
- What the Paycheck Protection Program is.
- Key Terms, like payroll cost.
- Who qualifies.
- How much a business can borrow.
- How Money can be used.
- Why, how and amount of loan forgiveness.
- How to apply and documents needed.
REGISTER HERE
