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Nonprofit Finance Fund: PPP Webinar - Shared screen
Alice Antonelli, NFF
01:00:39
Welcome! We will get started shorty!
Cecil Daniels, NFF
01:04:21
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Alice Antonelli, NFF
01:13:42
First Draw application: https://www.sba.gov/document/sba-form-2483-ppp-first-draw-borrower-application-formFirst Draw loans - how to calculate amounts: https://www.sba.gov/document/support-how-calculate-first-draw-ppp-loan-amounts
Cecil Daniels, NFF
01:14:39
Round 2 expands eligible uses to include: the purchase of essential goods from suppliers, as well as expenditures for personal protective equipment and compliance with pandemic-related requirements and guidelines for employee and customer health and safety.
Alice Antonelli, NFF
01:15:24
• Second Draw application: https://www.sba.gov/document/sba-form-2483-sd-ppp-second-draw-borrower-application-form• Second Draw loans – how to calculate revenue reduction and Max loan amounts: https://www.sba.gov/document/support-second-draw-ppp-loans-how-calculate-revenue-reduction-maximum-loan-amounts-including-what
Alice Antonelli, NFF
01:17:01
Find a lender: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
Alice Antonelli, NFF
01:19:52
EIDL Information https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/covid-19-economic-injury-disaster-loans
Alice Antonelli, NFF
01:20:54
SVOG information https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/shuttered-venue-operators-grant
Alice Antonelli, NFF
01:23:41
Employee retention credits https://www.irs.gov/coronavirus/employee-retention-credit
Shawn Luther
01:24:14
The interest rate on new PPP loans that are not forgiven is 1%.
Alice Antonelli, NFF
01:28:13
PPP Loan Forgiveness https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program/ppp-loan-forgiveness#section-header-2
Alice Antonelli, NFF
01:36:27
Gross receipts https://www.sba.gov/sites/default/files/2021-01/Second%20Draw%20PPP%20Loans%20--%20How%20to%20Calculate%20Revenue%20Reduction%20and%20Maximum%20Loan%20Amounts%20%281.19.2021%29-508.pdf
Jackie Doherty (she/her), NFF
01:38:38
Gross receipts update: "the grossamount received by the organization during its annual accounting period from all sourceswithout reduction for any costs or expenses including, for example, cost of goods or assets sold, cost of operations, or expenses of earning, raising, or collecting such amounts." This does include grants, other contributed revenues, and any earned revenues. Please visit https://www.sba.gov/sites/default/files/2021-01/Second%20Draw%20PPP%20Loans%20--%20How%20to%20Calculate%20Revenue%20Reduction%20and%20Maximum%20Loan%20Amounts%20%281.19.2021%29-508.pdf
Alice Antonelli, NFF
01:39:46
SVO grant Q&A https://www.sba.gov/sites/default/files/2021-02/2-12-21%20SVOG%20FAQ%20FINAL-508.pdf
Alice Antonelli, NFF
01:46:23
Thank you @Indra!
NFF Webinars
01:50:25
Hi everyone! Don't hesitate to reach out to us at asknff@nff.org. We will do our best to answer your questions.
INGRID HERNANDEZ
01:50:27
Thank you!!!
Alice Antonelli, NFF
01:50:59
Thank you!!
Alice Antonelli, NFF
01:51:14
You are welcome! Thanks for joining!
gisele josme
01:52:59
Thanks for such great information.