Understanding the Paycheck Protection Program Round 2 presented by the SBDC
The LAX Coastal Chamber of Commerce, in collaboration with Santa Monica Chamber, Culver City, and El Segundo Chambers of Commerce, brings you a workshop on understanding the Paycheck Protection Program (PPP).
Join Michael DeDonato, J.D., MDA from the Small Business Development Center (SBDC) as he dives into the new rules of the PPP program along with how to get your first and/or second round of PPP forgiven.
Michael will talk about what small business owners need to know about the new Federal COVID-19 relief package.
Other Key Questions & Topics Covered Include:
What financial resources are available? Who qualifies, and how does the application process work?
What about PPP loan forgiveness?
Grants for Shuttered Venues
Funding through other SBA loan programs
Tax matters concerning the PPP program.
New Rules dropped March 3rd to better assist Sole Proprietors & Independent Contractors with PPP
Bring your questions and we will provide the answers. ________________________________________________________________
About the Speaker:
Michael has been a business consultant, finance, and accounting professional for 35 years. currently serves as a Principal in Forum Financial, LLC which provides strategic and managerial finance and accounting support to privately-held clients. He also the managing member of DeDonato and Johnson Advisory Group, LLC providing small to midsized businesses merger and acquisition sell and buy-side expertise. Since 2016 he has served as a business advisor for Small Business Development Centers in the South Bay region of Los Angeles County where he mentors startups and small businesses. In this role, he provides one on one counseling. He has also developed business workshops such as Legal Structure, Investor Pitches, and How to Survive AB5.
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