With the passage of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) the Small Business Administration has many financing options available for restaurants, including The Paycheck Protection Program (PPP). The Paycheck Protection Program has been designed to provide a direct incentive for small businesses to keep their workers on payroll by providing each small business a loan up to $10 million for payroll and certain other expenses.

 

In this webinar our expert Compliance Team breaks down PPP to assess how your restaurant can take advantage of the stimulus, while covering the following:
    • PPP Program Overview
    • Who is eligible?
    • Loan Amounts
    • Loan Forgiveness
    • How & When to Apply