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Congressman Casten will be joined by a representative of the US Small Business Administration for two webinars this week on resources created by the recently passed CARES Act, including the Paycheck Protection Program loans, Small Business Debt Relief Program, Employee Retention Tax Credit, Employer Payroll Tax Deferral and Business Counseling.
The first session is for nonprofits and the second session is for small businesses.
Registration is now open:
These webinars build on the previous webinar on the Economic Injury Disaster Loan Program which was recorded on March 25, 2020. More information and resources can be found here.
These webinars are offered at no charge and seats are limited. We apologize in advance if the webinar fills before you can register.
Included in the CARES Act stimulus is the Paycheck Protection Program, designed to help small business owners cover their employees’ payroll and benefits during the crisis. This program also applies to non-profits, veteran organizations, sole proprietorships, the self-employed, and independent contractors. These loans will be forgiven so long as proceeds are used to cover payroll costs and benefits, and employee compensation levels are maintained (capped at $100,000).
Applications opened April 3 for small businesses and sole proprietorships,
while applications are open for independent contractors and the self-employed
starting April 10.
You can find more guidance on how to apply at