(Recorded Webinar) Financial Relief Under the CARES Act
During the COVID-19 public health emergency, many community-based organizations and small to mid-sized for-profit businesses will find themselves with decreased revenue due to reduced operations or closures. In direct response to this challenge, the federal government recently implemented two new loan programs that appear well-situated to offer genuine financial relief.
On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act which provides the Small Business Administration (SBA) with $349 billion for a new small business loan “Paycheck Protection Program” and $454 billion to the Department of the Treasury for loans to mid-sized businesses, non-profits, States, and municipalities.
On this webinar, we will provide an overview of the key aspects of these loan programs, including:
- Eligibility requirements and other restrictions
- Allowable uses for loan funds
- Application procedures and how to find an approved lender
- Requirements for loan forgiveness
- CEOs / Program Directors
- CFOs and Fiscal Staff
- Compliance Officers and Staff
- Project Managers and other Grants Management Staff
After this webinar, you will be able to:
- Determine whether your organization is eligible for a loan under the Paycheck Protection Program.
- Recognize other potential loan options under the CARES Act.
- Identify the allowable uses for loan funds.
- Understand the application process and how to locate an approved lender.
- Describe the requirements for loan forgiveness.
A partner with the firm, Michael practices in the Federal Grants and Health Law groups, and has over three decades of experience advising community-based organizations on a broad range of legal matters. Specifically, he offers guidance to Federally Qualified Health Centers, other federal grantees, and several professional and trade associations on the 340B drug discount program, tax exemption, grants law, and fraud matters. [Full Bio]
A Senior Associate in the firm’s Federal Grants and Health Law practice groups, Joe advises clients on matters of federal grant law, government contract law, and health care law. Prior to joining the firm, Joe served as program counsel with the United States Navy Office of General Counsel at the Naval Sea Systems Command where he provided government contract law and federal fiscal law advice to program leadership and contracting personnel in critical programs. In addition, he also represented the Navy as lead trial attorney on bid protests before the U.S. Government Accountability Office (GAO). [Full Bio]
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Read more about maintaining an attendance record in our FAQs.
- 1.25 Certificate of Attendance
Recorded webinars are available for 180 days after the date of purchase or date of the webinar. Once posted to your account, you can view this webinar anytime on-demand during the access period identified in your purchase confirmation. For additional information on viewing and accessing webinars, view our full terms and conditions here.
If you pay by credit card or PayPal, you will be able to access the recorded webinar immediately (unless the live webinar has not yet occurred). If you pay by check, we will grant access to the recording when we receive your check. You will receive a confirmation email once access is granted. FTLF reserves the right to suspend access to the webinar if payment is not received within 30 days. For more information on payments and registration, please visit our FAQ page.
No refunds will be provided for recorded webinars. FTLF can transfer a registration to someone else within your organization or, provided you have not already viewed the webinar, transfer the registration to another on-demand program. Where the registration fee for the new webinar is higher, you must also pay the difference between the original course and the new course registration fee at the time of transfer. Administrative fees may also apply. If your organization purchased a webinar under the account of a staff member who no longer works for your organization, please Contact Us. View our full policy on refunds and cancellations here.
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