Miami business leaders are hosting a free virtual panel on Thursday to discuss what businesses can do to get their second round of Paycheck Protection Program loans.
The free webinar, “Latest Round of P3 Loans: What You Need to Know to Get Financing,” will run from 12:30 p.m. to 2:00 p.m. and answer questions from business owners about the $ 284 billion plus program. dollars.
Forgivable loans are backed by the US government and are meant to encourage small businesses to keep their employees on the payroll. It was part of a A $ 900 billion bill for pandemic relief Congress passed last month.
Part of the payroll costs covered by the PPP program include benefits such as vacation and sick leave as well as operating costs, including rent, utilities, and personal protective equipment to protect workers from COVID-19.
Anyone who received funds in the first remittance last year can reapply although the rules are slightly different.
Part of Thursday’s webinar will focus on discussing the new rule changes, including the differences between first-time and second-time PPP applicants. Participants will also have the opportunity to ask questions of the panelists and will be provided with a list of resources businesses can turn to for assistance.
Who are the panelists?
Miami-Dade Chamber of Commerce President and CEO Eric Knowles will host Thursday’s webinar. Panelists include:
▪ Debra Salas – Senior Lender Relations Specialist, Brand Manager, YEFL, South Florida District Office, US Small Business Administration
▪ Bernie adrover – Senior Vice President and Director, Commercial Banking Services, City National Bank
▪ Bernie Navarro – Chairman, Benworth Capital Partners
The webinar was hosted by the Greater Miami Chamber of Commerce, the Miami-Dade Beacon Council, the Miami-Dade Chamber of Commerce, and the Miami-Dade County Chamber Coalition.
To register for the free webinar, visit https://zoom.us/webinar/register/WN_MNnhtfwwSaqQLyWtpF97zg
How to register
What: Webinar “Latest Round of P3 Loans: What You Need to Know to Get Financing”
When: Thursday January 21 from 12:30 p.m. to 2 p.m.
Cost: To free
How to register: https://zoom.us/webinar/register/WN_MNnhtfwwSaqQLyWtpF97zg
This story was originally published January 19, 2021 4:07 pm.