After the passage of the CARES Act, the Small Business Administration (SBA) and Treasury have been working to issue guidance and rules for implementation of the SBA-administered relief programs. The guidance and rules are changing and being updated on a daily basis. On April 9 we hosted a webinar to cover new administrative developments and other updates to our April 2 webinar, Accessing Small Business Stimulus Dollars Under the CARES Act. The panel offered a practical review and discussion of the changing landscape by a leading SBA program lender and Director from the US Small Business Administration, followed by Q&A.
Review of the first week of the program: How many people applied? How much money was approved? And more
Where is my loan? A look at the loan cycle & potential stumbling blocks
Eligibility and affiliation rules: Who is eligible and who determines affiliations?
Loan forgiveness updates
Economic Injury Disaster Loan and Paycheck Protection Program combinations
Borrower certification issues: Who is responsible for certifications? Why is this important? Plus compliance tips and best practices
This recording is eligible for CLE credit in CA, IL, NY, and NJ. Credit is pending in TX. All other jurisdictions will be applied for as requested, but please note that not all states allow for distance learning so some states will be ineligible. To request CLE credit, fill out this form and return it to CLE@seyfarth.com. If you have questions about jurisdictions, please email CLE@seyfarth.com. CLE credit for this recording expires on 4/8/2021.