Good News: Additional COVID-19 Funds Announced for Small Business Relief

Forgivable Loan Qualification and Application: What You Need To Know  

Description:

Additional funds were just announced to help small businesses affected by government-mandated closures. The Paycheck Protection Program (PPP) is expected to have an additional $310 Billion as of this week. $10 Billion is expected to be added to the Economic Injury Disaster Relief Loans (EIDL), including a new Emergency Grant that does not need to be repaid. The Casino Reinvestment Development Authority (CRDA) announced they will add $2 Million in funding to the New Jersey Economic Development Authority (NJEDA) program. In this session, we will discuss what the following approved programs mean to small businesses.

Topics:

-          Forgivable PPP Loans: Who Qualifies and How to Apply

-          $310 Billion expected additional Funds to PPP

-          $10 Billion added to EIDL

-          NJCRDA / NJEDA additional funding

Moderator:        Nicholas Talvacchia

Speakers:            Jennifer Barr and Jarad Stiles