CARES Act and the Payroll Protection Program Webinar Recording

Business Council of Alabama Webinar Series

Presentation Slides or Recording

Attorneys from Bradley provide practical advice and answer questions about how the CARES Act fiscal stimulus package may impact your business.

Webinar Recording

Key Takeaways

  • Congress is working on implementing their existing stimulus efforts and are also working on additional stimulus packages.
  • SBA guidance on the PPP loan program is developing and changing frequently—applicants and borrowers should continue to monitor SBA guidance.
  • 75% of the loan proceeds must be used for payroll costs.
  • Businesses should continue to identify new and additional areas of need, as Congress and the administration are actively seeking input on their stimulus efforts.