Paycheck Protection Program 2.0: Everything Associations & Nonprofits Need to Know
Thursday, January 28, 2021 | 1:00 p.m. - 2:00 p.m.
Presenter: Jeffrey S. Tenenbaum, Esq., Managing Partner, Tenenbaum Law Group PLLC
In Cooperation with:
Description: The second iteration of the federal Paycheck Protection Program is now live and underway – and most 501(c)(6) associations are now eligible for much-needed funding, along with 501(c)(3) organizations. That being said, the rules regarding eligibility and qualification, the determination of loan amounts, the loan forgiveness requirements, and even which nonprofits and associations can qualify are complex, nuanced and, in many cases, many questions remain unanswered. The U.S. Small Business Administration has issued interim guidance – which fills in some of the blanks – and has put out first- and second-round loan applications and a loan forgiveness application, and some of the guidance from PPP 1.0 last year still applies. If that isn’t enough to make your head spin, wait until we dive into the details.
Thankfully, one of the nation’s leading association-nonprofit attorneys – Jeff Tenenbaum – is ready to break it all down, explain the rules and requirements in plain English, and tell associations everything they need to know about applying for a PPP loan. He also will address changes to the federal Employee Retention Tax Credit and the Economic Injury Disaster Loan program.
This is a critical webinar that should be of great interest and importance to all nonprofits and associations, and one that will offer practical advice and guidance, easy-to-understand explanations of this complex set of rules, and will leave time to answer your most pressing questions.
This event has been reviewed for CPE and CAE. If you would like to receive your CPE or CAE for this event, please email firstname.lastname@example.org
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