The Paycheck Protection Program (PPP) was launched by the federal government on April 3, 2020 to assist small businesses in sustaining the paychecks of their employees in the face of the COVID19 pandemic. This webinar will dig into the specifics of the PPP and how you can access this important resource: How to apply, what the funds can be used for, and what will determine whether or not the loan is partially or fully forgiven. There will also be time for Q&A. With the loan application process set to close at the end of March, there is still time to access this program to support the employment of your workers.
Maryland Smith Finance Professor Michael Faulkender, former Assistant Secretary for Economic Policy at U.S. Department of the Treasury, was the architect of the program. Dr. Faulkender will be joined by Ms. Mindy Lehman, Senior Vice President of Government Relations and Communications at the Maryland Bankers Association & Ms. Rony Brodsky, Strategy & Impact Investing at the Harbor Bank of Maryland.