20.12.11 Update on Next Round of COVID Relief

Event Details

The EACA will be conducting a live webinar on Friday, December 11, at 1pm ET, 12pm CT, and 10am PT, to conduct a review of the Next Round of COVID Relief for employers and employees that have been devastated by the COVID pandemic.

As you may recall, the Payroll Protection Program (PPP) was originally signed into law on March 27 as part of the CARES Act.   PPP provided forgive-able loans from the SBA which companies could uses for payroll and certain overhead expenses during business shutdowns caused by the pandemic.  On Friday, June 5 the Payroll Protection Program Flexibility Act was signed into law to extend some of the benefits of the original legislation as the pandemic raged on longer than anticipate.

While there was hope that a second round of stimulus would be passed in August the political realities of an election year made that impossible.   Now that the election has passed, Congress finally seems willing to recognize that those companies that have been most severely impacted by the pandemic need additional relief to survive.  Today’s program will review all aspects of the most recent discussions regarding provisions of the new COVID relief legislation with Tim Heffernan of T3 Expo and Kevin Binger of Cassidy & Associates who have been directly involved in the crafting of the legislation and who have much of the inside information as to what updates and changes are in store.  We are also pleased to welcome Chris Griffin of Crew XP to the conversation, having recently been recognized at EDPA ACCESS as their Ambassador of the Year for his efforts in advocating for their members and our industry in general.

Some probable questions are:

  • What are the current terms of relief under consideration?
  • Recognizing that politics plays a significant role in the final bill, what are the sticking points on each side?
  • What is the status of loan forgiveness applications from the banks for those who received loans during the first round?
  • Any additional info on the Safe Harbor provision?

Our Panel:

On Friday, December 11 our panel will include:

  • Tim Heffernan, CDO, T3 Expo
  • Kevin Binger, Senior VP, Cassidy & Associates
  • Chris Griffin, President/CEO, CREW XP

Click here to attend this webinar which will be live-streamed on Zoom.   Seating is limited to the first 100 attendees.   You will also need the following passcode to enter the room.    486372

If you are not able to attend live this program will be recorded and posted to the EACA website on our Webcast page.