Diverse Business Webinar - Southern Company

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