From Jeff Hawthorne, Oregon Advocacy Captain, Americans for the Arts; Board Member, Cultural Advocacy Coalition
PPP closing soon: I mentioned last week that some of you might want to look at the Paycheck Protection Program (PPP) anew, now that it’s been made more flexible, but I failed to note the urgency. If you are interested, you should work with your lender to submit your application in the next few days because the loan must be APPROVED by your bank by June 30. Allow time for your financial institution to process and approve your loan. After June 30, this program will be will closed, and Congress will assess it.
PPP Loan Forgiveness Webinar: Americans for the Arts is hosting a free live webinar for PPP recipients who want a better understanding of the SBA’s recently released PPP Loan Forgiveness Application. There is also an EZ Form that doesn’t require a lot of calculations. FREE. Monday, June 22nd at 10:00 am PDT. Learn more and register here.