Sign up for 2 more webinars on Friday, April 3

Hi Folks, 
We’re running another set of webinars for those who could not attend earlier this week. Make it your business to know more about the funds available according to the CARES Act. Links included below for 10:30am and 4pm webinars on Friday April 3, 2020. 

SBA CARES Act — Slot H
April 3, 2020 10:30 AM Eastern Time (US and Canada)
Werner & Co CPAs is inviting you to join a scheduled Zoom meeting:
https://zoom.us/j/436923602?pwd=bDRtblJqTGNuempwR1ZEK2xJRCtkdz09
Meeting ID: 436 923 602
Password: 4865

SBA CARES Act — Slot I
April 3, 2020 4:00 PM Eastern Time (US and Canada)
Werner & Co CPAs is inviting you to join a scheduled Zoom meeting:
https://zoom.us/j/508742982?pwd=VjRvcmd3VG4rQjlVdHZndlBvOVl2Zz09
Meeting ID: 508 742 982
Password: 4865

Please call or email to reserve your webinar slot, 610-770-9236 or info@wernercpa.net, or simply log in at the appointed time as indicated above.

A helpful way to understand the CARES Act

Download this Powerpoint overview of the important information you should know about the CARES Act.

(An updated version of this Powerpoint file is downloadable at 5-18-20 Downloadable PPP Powerpoint presentation UPDATED.)

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. You can download a guide (below) which provides in-depth information and answers these questions:

• When can I apply?
• Where can I apply?
• Who can apply?
• What do I need to apply?
• What other documents will I need to include in my application?
• Do I need to first look for other funds before applying to this program? 
• How long will this program last? 
• How many loans can I take out under this program? 
• What can I use these loans for? 
• What counts as payroll costs? 
• How large can my loan be? 
• How much of my loan will be forgiven? 
• How can I request loan forgiveness? 
• What is my interest rate? 
• When do I need to start paying interest on my loan? 
• When is my loan due? 
• Can I pay my loan earlier than 2 years? 
• Do I need to pledge any collateral for these loans? 
• Do I need to personally guarantee this loan? 
• What do I need to certify? 

Download PDF file of complete guide: PPP–Fact-Sheet

Download PDF file of PPP program application form: PPP_Borrower_Fillable_App_SBA_rev_20200403