Webcast: CARES Act Overview

Marsh & McLennan Agency (MMA) is closely watching developments of COVID-19 worldwide and are working to help manage impacts on our clients, colleagues, and communities. Join MMA and Steptoe & Johnson LLP for an overview on the CARES Act funding opportunities for smaller businesses with a brief overview of the Treasury lending programs for large businesses and the Main Street Lending Facility the Fed is expected to be setting up.

The focus of this webinar will be on the CARES Act funding opportunities for smaller businesses with a brief overview of the Treasury lending programs for large businesses and the Main Street Lending Facility the Fed is expected to be setting up.

Content covered will include the basics of the Paycheck Protection Program through which business can access forgivable loans (i.e. no repayment if the requirements are satisfied) –

• Who is eligible including affiliation rules and special rules for hospitality/restaurant and franchise businesses
• For what
• How you get access
• How you qualify for full forgiveness
• CARES Act tax credit alternatives to the PPP
• Introduction to Treasury lending programs and the Fed Main Street Lending Facility

Audience: 

• With generally < 500 employees
• Some manufacturing sectors with up to 2000 employees
• Many/most restaurant and franchise companies