This workshop will cover Paycheck Protection Program (PPP) loans available as first and second draws.
Specific areas discussed will include:
· What are First and Second Draw PPP Loans · Eligibility Requirements · Explanation of the 60/40 Rule · Important Terms and their Definitions · Coverage Periods · How to Calculate Payroll Costs · Forgiveness Documentation · Upcoming Deadlines
Presented by Rosa Di Virgilio Taormina, MSBDC Business Advisor – CARES Act