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What does PPP2 mean for your not-for-profit organization?

Through the passage of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, additional Paycheck Protection Program (PPP2) loans will be available to qualifying organizations. On Dec. 29, 2020, Baker Tilly hosted a webinar overviewing the eligibility requirements as well as our PPP loan specialists’ insights on what you should be doing to prepare for a first time or second draw loan application. Additionally, the presenters provided information on an automated PPP loan application tool Baker Tilly is offering with CPA.com and the AICPA. This SOC-secured platform can expedite loan processing. If you missed it, watch the on-demand webinar recording.

Now, join our not-for-profit (NFP) specialists on Jan. 14 for a 30-minute discussion highlighting aspects of the bill and PPP2 funding specifically relevant to NFP organizations. We will discuss what your organization should consider before deciding to apply and leading practices. This webinar will not replace the detail or expertise included in the Dec. 29 session, but rather highlight key considerations unique to the NFP industry as you prepare for round two.

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