Forgivable Loan Qualification and Application: What You Need To Know  

Additional funds were recently announced to help small businesses affected by government-mandated closures as a result of COVID-19. The Paycheck Protection Program (PPP) is expected to have an additional $310 Billion as of this week. $10 Billion is expected to be added to the Economic Injury Disaster Relief Loans (EIDL), including a new Emergency Grant that does not need to be repaid. The Casino Reinvestment Development Authority (CRDA) also announced they will add $2 Million in funding to the New Jersey Economic Development Authority (NJEDA) program.

Cooper Levenson Attorneys at Law covered the following in their webinar from April 30:


–          Forgivable PPP Loans: Who Qualifies and How to Apply

–          $310 Billion expected additional Funds to PPP

–          $10 Billion added to EIDL

–          NJCRDA / NJEDA additional funding

View the full recording by clicking here.

View the powerpoint by clicking here.