Start Date: 1/29/2021 12:00 PM EST
End Date: 1/29/2021 1:00 PM EST
Venue Name: PACDL Webinar via Zoom Platform
PA Assn. of Criminal Defense Lawyers
The New Stimulus Package - What You Need to Know
In late December, Congress approved a $900 billion COVID-19 relief package as part of the Consolidated Appropriations Act, 2021. Included in that amount is $284 billion for a second round of the Paycheck Protection Prorgram. On January 11, the Small Business Administration began accepting applications for new Paycheck Protection Program loans.
This webinar will cover specific provisions including:
- Changes to the Paycheck Protection Program (PPP) such as additional funding for new PPP loans, the ability to obtain a second PPP loan and $20 million for Economic Injury Disaster Loans.
- The extension of Employee Retention Credits, including the ability to use the credit if you have a PPP loan and the maximum credit per quarter being increased to $5,000.
- Extension of the FFCRA sick and family leave tax credits.
- Increased period for the repayment of deferred employee social security withholding.
Join us for this webinar to get more guidance on the use of PPP funds, covered operations expenditures, covered supplier costs, maximun loan amounts and other information. This webinar is approved for ONE substantive law, practice and procedure credit and is available free to PACDL members.