Decoding the CARES Act
From the Desk of Tracey Greene
On April 9, 2020, CBIC collaborated with the Central Virginia Small Businesses Development Center (CVSBDC) to produce a recorded webinar, Decoding the CARES Act, which is now available 24/7 online here.
Understanding the Coronavirus Aid, Relief, and Economic Security (CARES) Act
This 45-minute moderated interview provides guidance specific to impacted businesses and non-profits regarding key aspects of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provides $2.2 trillion to help individuals and businesses manage the economic fallout from the COVID-19 pandemic. The bill includes nearly $350 billion for businesses with 500 or fewer employees and targeted relief for specific industries.
Panelists drill down into the:
- Economic Injury Disaster Loan (EIDL)
- EIDL Advance
- Payroll Protection Program (PPP)
- Express Bridge Loan Pilot Program (existing SBA customers)
- Small Business Debt Relief (existing SBA customers)
Watch this session to learn:
- Which of the various relief programs might be best suited for your situation
- Insights into each program
- Practical tips for applying to each
Meet the Panelists:
- Rebecca Haydock, Director, Central VA SBDC
- Greg McFetridge, Senior Financial Counselor, Central VA SBDC
- Moderator: Rahul Keshap, Shuru Law; CBIC Director, Secretary and Co-Counsel
- Introduction: Tracey Greene, CBIC Executive Director
Watch the video below, and let us know what you think.
https://www.youtube.com/watch?v=8t3_PUI3-Q8&feature=emb_logo