PPP: Understanding the Forgiveness Application
Date and Time
Thursday Jun 25, 2020
9:00 AM - 10:00 AM PDT
Location
Zoom Teleconference
To participate and receive your unique log-in, you must register by noon on Wednesday, June 24. Registrations cannot be accepted after that date. Please note that participants are limited to 100.
Fees/Admission
Description
Chamber members and the community are invited to join us as we welcome Chris Eyler, Executive Director of the Northwest Region in the Congressional and Public Affairs Division at the U.S. Chamber of Commerce to address recent changes made to the PPP program to provide borrowers with more flexibility.
Recent changes made by Congress and the administration include:
- Extending the time to spend PPP funds from 8 weeks to 24 weeks;
- Lowering the amount that must be spent on payroll from 75% to 60%;
- Extending the deadline to restore FTEs and payroll from June 30, 2020 to Dec. 31, 2020; and
- Setting the repayment term for loans made after June 4, 2020 at five years.
ABOUT CHRIS EYLER
As Executive Director of the Northwest Region in the Congressional and Public Affairs Division at the U.S. Chamber of Commerce, Eyler represents the U.S. Chamber throughout the states of Alaska, Idaho, Montana, Oregon, Washington, and Wyoming and helps develop and implement the U.S. Chamber’s grassroots, legislative, and political activities in the area. He works closely with state and local chambers and members of Congress in his region to further the legislative priorities of the U.S. Chamber. Eyler received his B.A. in history and political science from Miami University (Ohio) and a law degree from the University of Oregon.
____
The Federal Way Chamber utilizes Zoom.us webcast service which allows for all participants to be visible and interact via chat. Participation in the presentation requires a webcam (with audio capabilities) and adequate bandwidth. A browser or the Zoom mobile app is required to ask questions via chat.
Audio only has no chat function. Call login information will be provided to you by email after registering your phone number for audio only.
