Hosted by LA SBDC Associate Director Ted Hiatt, and financial experts Lori Williams and GB Bajaj, these webinars will focus on the PPP2 and will cover:
who is eligible how to apply loan details how to use the funds
On Wednesdays, Lori will cover how to calculate wages for the PPP application - for employees and business owners (sole proprietors - independent contractors, LLCs, and partnerships.) You'll also learn how to calculate the 25% revenue reduction to confirm eligibility for second draw PPP applicants. You may want to have a copy of your 2019 tax return in front of you so you can follow along.
GB will present on Thursdays and will also cover tax implications as they relate to PPP and EIDL .