Venable attorney Allyson Baker will join the Crystal City Business Improvement District (BID) and M&T Bank for an overview and update on coronavirus-related legislation enacted in late March. Allyson will speak on the CARES Act loan provisions and will assist in answering questions on how recently enacted legislation can be used to help sustain business operations in these difficult times.
The CARES Act contains provisions aimed at helping organizations survive the crisis, including the Economic Injury Disaster Loan (EIDL) and $10k Emergency Grant Program and the Paycheck Protection Program Loan (PPPL). Loan experts from M&T Bank will provide a brief overview of these programs.
For a sneak peek and to prepare any potential questions you may have, please review this presentation prepared by M&T Bank, and this summary document and FAQ from the U.S. Senate Committee on Small Business and Entrepreneurship.