COVID-19 Economic Relief Package – What it Means for You

Join the National Association of REALTORS’ Patrick Wohl, Political Representative, to find out how the $2 trillion COVID-19 relief measure impacts your business and helps you serve as a resource for clients. This will be interactive.

The measure includes $350 billion for the Small Business Administration 7(a) loan program. Under the terms, eligible businesses (500 employees or fewer) can get up to $10 million toward mortgage interest, rents, utilities, and payroll costs. A portion of these loans will be forgivable.

The self-employed and independent contractors are also included in a dramatic expansion of unemployment insurance that could provide benefits for up to 39 weeks. These workers are not usually covered under traditional state unemployment benefit programs.

We will cover:
– Tax Changes
– Employment and Insurance Changes
– SBA Lending
– Banks and Credit Reporting
– Infrastructure Investments

You will have the opportunity to ask questions during the webinar and in advance at amanda@carw.com.  Please sent questions by 10 AM on Monday, March 30th.

Register for the webinar HERE.

For updated information on the bill as it is signed by the President, view this link: https://narfocus.com/billdatabase/clientfiles/172/21/3613.pdf