Watch Full Webinar
A key feature of the CARES Act is the “Paycheck Protection Program” (PPP) administered by the Small Business Administration. PPP loans are intended to provide qualifying small businesses with financial support necessary to stay in business and avoid layoffs and pay cuts during the COVID-19 pandemic.
Pat McGibbon, Chief Knowledge Officer, AMT moderated a discussion with John Lavoie, Partner, Cooley, Michelle Schulman, Partner, Cooley, and Peter Lee, VP Business Banking Team, M&T Bank to go over the key information you need about applying for PPP loans.
This webinar covered:
Who’s eligible for PPP loans
How much money you can borrow
Important loan terms
How to prepare and when to apply