Newtown Small Business & Community Leaders Forum

Description

To provide small business owners and members of our community the opportunity to hear leaders of our community in a live discussion of key topics and ask questions.
 
Sponsors:  The Newtown Chamber of Commerce and the Newtown Bee

Today's Topic:   

Best practices with the Paycheck Protection Plan

Key Questions:

1. What was this law intended to do?
2. Who is an ideal business for this loan?
3. What are alternative financial sources to support small businesses?
4. Who should NOT be considering this loan, but taking other avenues? 
5. What are some key provisions of this program business owners need to be aware of that might cause problems in being eligible for forgiveness?
6. What are the best / most helpful resources you have found that business owners can turn to?
7. What if I have already terminated my employees so they can file for and receive unemployment benefits?  Should I re-hire them?
8. What are forgivable expenses and how to I ensure I am eligible for forgiveness and not incur a new debt?
9. What are examples of expenses that are not forgivable?
10. Other key questions: (Proposed by key participant experts)