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Webinar Replay: Understanding the CARES Act — Presented by BizTimes Media

Please scroll to the bottom of the page to view the webinar replay and access the presentation materials.

The federal government’s $2 trillion economic stimulus bill can help your company survive.

But you have to understand NOW what’s in it for you and how to apply for funds. This bill is a game changer for many small businesses, but only if you act soon.

BizTimes, U.S. Small Business Administration, the Horton Group and Davis|Kuelthau’s Corporate and Commercial Finance Attorney Lawrence J. Glusman hosted a webinar on Wednesday, April 8 at 2:00 PM.

In this webinar, attendees heard from a panel of experts who explained the Payroll Protection Program section of the overall CARES Act, a $367 billion fund largely aimed at helping small businesses maintain a steady payroll during this virtual shut down of our economy due to the COVID-19 crisis.

The government’s intentions are clear – they are trying to stem the massive tide of layoffs by providing direct funding to cover company payrolls and health care benefits for an 8-week period. There are a number of details and guidelines, but the bottom line is that if you play by the rules, the bulk of the funds, and potentially ALL the funds you borrow under this program will be forgiven.

In this session you’ll learn:

  • How the bill is intended to help small businesses.
  • How the loan program works for different size firms.
  • Insurance considerations related to CARES Act.
  • How to apply.
  • What are the risks and rewards?
  • The details of what’s forgivable and what’s not.

This program was brought to you by Davis|Kuelthau, s.c. and the Horton Group, in partnership with U.S. Small Business Administration.

 

 

 

Click here to view presentation materials.

Click here to register and view the webinar replay. 

Paycheck Protection Program Loans Frequently Asked Questions (as of April 8, 2020)

For more information on this topic, please view our related webinar, Paycheck Protection Program: Factors for Considering a Loan.  Related articles are located on our COVID-19 Resource hub.