’20-Minute Tuesday’ Video: Learn About PPP, Economic Aid Act

Filed Under: Banking, Other News

The latest edition of The Cooperative Bank of Cape Cod-Cape Cod Chamber of Commerce “20-Minute Tuesdays” Series is now available online at http://bit.ly/20MinuteTuesdays.

This week’s installment addresses the Paycheck Protection Program and the Economic Aid Act.

The video series provides local businesses and nonprofit organizations access to the bank’s team of experts and is is hosted by Cape Cod Chamber of Commerce CEO Wendy Northcross. This week’s speakers are Mary Lenihan, a first vice president and commercial relationship manager of the bank; Donnie Robicheau, a vice president and one of The Coop’s small business specialists; and Gary DellaPosta, a Falmouth-based Certified Public Accountant and business advisor.

Speakers discuss program eligibility and criteria, modifying and reapplying for PPP after
receiving a first-round loan, loan forgiveness information, defining eligible expenses,
documentation requirements, and tax implications associated with the loan program.

Additional information regarding Paycheck Protection Program resources can be found at