Nonprofits and PPP2: What You Need to Know

Friday, February 12, 01:00 PM - Friday, February 12, 2021, 02:15 PM
Friday, February 12, 2021, 01:00 PM - 02:15 PM
Fee: Free

The Minnesota Council of Nonprofits and Propel Nonprofits are partnering to provide a learning space for nonprofits seeking second round Paycheck Protection Program loans (PPP2) by bringing together the perspectives and expertise of representatives from the Small Business Administration (SBA), Sunrise Banks, and CliftonLarsonAllen (CLA). Loan applications are due March 31 and there is still time to get your application submitted through an eligible lender.

This webinar is an opportunity to learn and ask questions about:
  • The two avenues for accessing PPP2 funds: first draw and second draw loans  
  • Forgiveness parameters
  • Allowable expenditures  
  • Special funds component, which includes reserved dollars for small employers and borrowers in low- or moderate-income neighborhoods  
  • Qualifications and how PPP2 fits into a comprehensive relief plan for your organization

Event Details

The event will be hosted on Zoom. You will need a computer and a phone as a back-up audio method. 

Register for the event on Zoom.

Speaker Information

Karen Gries, principal, CliftonLarsonAllen
Phil Hatlie, capital access director, Propel Nonprofits
Nonoko Sato, associate director, Minnesota Council of Nonprofits
Additional speakers TBD

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