Continued Paycheck Protection Program Loan Guidance
The $349 billion in federal loans allocated for small businesses are now available.
For those of you who have not yet looked into these loans, here's what to do:
1. Be prepared. Visit SBAM's website for the latest guidelines, FAQs and the application.
2. Read the final guidance from the SBA.
3. Call your own financial institution first and ask them if they will be participating in the Paycheck Protection Program loans. We are hearing that some lenders are accepting applications today, but that others will not be ready until Monday. If you need assistance finding a lender, click here. If you have to wait until Monday, spend the weekend gathering the required documents.
Special Webinar Series
Webinar: Understanding the PPP Loan
Monday, April 6, 2020
Noon - 1:00pm
Webinar: Risks & Recommendations for a Remote Workforce
Presented by NuWave Technology Partners & the American Society of Employers
Thursday, April 9, 2020
Noon - 1:00pm
Webinar: CARES Act Package
Presented by Maner Costerisan
Webinar: Understanding the FFCRA and if your Small Business Employs Critical Infrastructure Workers under the Stay Home, Stay Safe EO
Presented by Warner, Norcross & Judd
Webinar: HR and Legal Strategies of the CARES Act
Presented by Bodman Law
Webinar: Navigating Small Business Financial Options During the COVID Crisis
Presented by the Michigan Small Business Development Center.
Daily Briefings Continue Next Week
The SBAM Daily Briefing will be back Monday, April 6 at 3pm. Miss a day? You can watch all the replays, including our conversation with Senator Gary Peters, on o |