Main Street Recovery Program Webinar with Treasurer Schroder
The Jefferson Chamber is hosting a webinar with Treasurer John Schroder on the Main Street Recovery Program on Monday, July 20th at 3:00 PM. Please mark your calendar and join us via Zoom!
What is the Main Street Recovery Program?
Act 311 set aside $275 million for a small business grant program. Businesses can apply for up to $15,000 to cover eligible expenses. The application system will open on July 28, 2020.
Program Timeline:
- First 21 days: Grants will be given to businesses who didn’t receive a Payment Protection Program loan, insurance payment or an Economic Injury Disaster loan.
- After the first 21 days, businesses who were underpaid by the PPP or EIDL will be eligible to claim the difference up to $15,000.
- First 60 days, $40 million will go to businesses owned by women, minorities and veterans.
- Within 20 days of receiving an application, the Treasury Department must issue payment or a rejection.
- Application process begins July 28.
- Start putting together your paperwork! Grants can only be given as long as there's still money available.
- The goals of the Main Street Recovery Program
- Which businesses qualify for financial assistance
- Potential eligible/ineligible COVID-19 expenses
- What documentation is needed to apply for assistance
- What to expect in the application process
Date and Time
Monday Jul 20, 2020
3:00 PM - 4:00 PM CDT
Monday, July 20th at 3:00 PM
Location
Join Zoom Meeting
https://us02web.zoom.us/j/84440497896?pwd=S1FoQ1RIeU4xVkp6cHhZOGUwMUVWQT09
Meeting ID: 844 4049 7896
Password: 608885
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Meeting ID: 844 4049 7896
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Contact Information
Brookley Valencia
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