Webinar: Concisely Navigating the CARES Act

On March 27, 2020, the president signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) into law providing approximately $2 trillion in assistance to individuals and businesses during the COVID-19 pandemic. The CARES Act includes a new loan program called the Paycheck Protection Program – administered through the Small Business Administration (“SBA”) – that provides up to $349 billion in 100% federally-backed loans to eligible employers.  This program provides a concise overview of the CARES Act and highlights what firms need to know about funding resources that have been made available.

Learning Objectives:

1. Understand the purpose of the Paycheck Protection Program (PPP) Loans created by the CARES Act.
2. Analyze the eligibility, use, repayment, and debt forgiveness requirements of the Paycheck Protection Program Loans
3. Recognize how the CARES Act adjusted previous requirements of the existing Economic Injury Disaster Loans (EIDL) program administered by the U.S. Small Business Administration
4. Analyze the eligibility, use, and repayment requirements of the Economic Injury Disaster Loans
5. Compare and contrast PPP Loans and EIDL loans so participants can determine whether to apply to none, one, or both

Free.

Registration open to AIA Members only.