Small Business and COVID-19 (PPP & EIDL Programs) [Part 2]
Managing Partner of Johnson May, Matthew Christensen explains the new Economic Injury Disaster Loan (EIDL) and Payment Protection Program (PPP). He will answer the following questions:
- What expenses fall in the category of ‘Payroll Costs’?
- What costs are NOT covered by the PPP loan?
- What can you use the loan for?
- How to ensure that you qualify for loan forgiveness.
- What certifications are required by these loans?
- What are the disqualifications and penalties?