As you all want to know What About Cannabis Businesses? and What Do Cannabis Businesses Qualify For?
Here’s their update in full……..
At the end of last month, the Federal Government passed the CARES act to help stimulate the economy, give aid to individuals and help businesses out with loans.
One aspect that is very appealing is the Paycheck Protection Program which is intended to provide small businesses with eight weeks of cash-flow assistance through 100% federally guaranteed loans.
The application for small businesses opens tomorrow, so we wanted to give you a quick primer on what the program is and how to apply.
In this video, we review:
- CARES Act and Paycheck Protection Program
- Benefits of Paycheck Protection Program
- Loan Forgiveness (UP TO 100%)
- Payroll Cost Details
- How to Apply
- Documents & Info Needed
- Who Can Apply?
- What About Cannabis Businesses?
- What Do Cannabis Businesses Qualify For?
Here is a link to the slides from the presentation.
Here is a link to the Paycheck Protection Program Application.
If you would rather read the information, then you can also read our blog post on the Paycheck Protection Program.