The Paycheck Protection Program, a key small business provision of the Coronavirus Aid, Relief, and Economic Security (CARES) Act provides eligible small businesses forgivable loans in order to maintain payroll, as well as pay for other costs including rent, interest payments, and utilities. The program starts accepting applications on Friday, April 3, however, uncertainty about the program and eligibility remain.
BIO invites you to join us on Monday, April 6 at 2 pm EDT for a special webinar from Cooley to discuss the Payment Protection Program and what it means for your company. During the webinar we will discuss key items to know and understand in advance of applying for the program, including:
- CARES Act PPP Loans Overview
- Eligibility and Restrictions
- Affiliation Rules
- Application Process and Key Considerations