Legal Update

Apr 2, 2020

Webinar Recording: Accessing Small Business Stimulus Dollars Under the CARES Act

Marcantonio W. Barnes, Corporate partner, Seyfarth; Chuck Evans, Executive Vice President, Windsor Advantage; John Fleming, District Director, SBA’s Delaware district office; Alvin McCoy, Principal and CFO, KAE Holdings, Inc.
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In this webinar, we offer a practical overview, discussion and Q&A by a leading SBA program lender, the US Small Business Administration, and other market participants on CARES stimulus dollars now available to support supply chains and critical business operations affected by the COVID-19 pandemic. Our panelists review available small business programs under the CARES Act and provide concrete guidance to assist applicants in choosing the appropriate program, the application processes, eligibility and documentation requirements, related business considerations, and other issues that every business needs to understand in order to access CARES stimulus dollars.

Topics covered include:

  • An overview of the CARES Act’s impact on small businesses
  • Defining “small business concern”—who qualifies?
  • A look at the SBA’s primary stimulus loan programs
    • Section 7(a) Loans (Standard and Express Loans)
    • Express Bridge Loans
    • Economic Injury Disaster Loans
    • Paycheck Protection Program
  • Breaking down the eligibility requirements for the loans
  • A look at the documentation requirements for the loans
  • Application process and disbursement for the loans
  • A few critical business considerations

This recording is eligible for CLE credit in CA, IL, NY, and NJ. Credit is pending in TX.  All other jurisdictions will be applied for as requested, but please note that not all states allow for distance learning so some states will be ineligible. To request CLE credit, fill out this form and return it to CLE@seyfarth.com.  If you have questions about jurisdictions, please email CLE@seyfarth.com. CLE credit for this recording expires on 4/1/2021.