SBA Loan Programs: What Nonprofits Need to Know

Date & Time: April 9, 2020 11 a.m.

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Please register for this unique opportunity to hear from insiders at the Small Business Administration and ask them questions directly.

The 2.2 Trillion dollar Coronavirus Aid, Relief, and Economic Security Act (CARES Act) recently signed into law, has a provision called the SBA Paycheck Protection Program.

The Paycheck Protection Program is a $350 billion dollar lending program. They are federal loans administered by the Small Business Administration (SBA).

These SBA loans may help American Legion Posts and other veteran owned businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.

Jared Morgan
Author: Jared Morgan

Jared is the senior editor and web team lead for the Department of California and chair of its Media & Communications Commission. He became a member of the American Legion in 2014 when he joined Palisades Post 283 to find stories about veterans issues for a local newspaper while working as its news editor. He was soon brought in as 283's assistant adjutant and historian to help produce the post's award-winning community newspaper. Since then, Jared has used his media skills to help further the efforts of The American Legion in its advocacy of veterans and their families. Jared has also worked for several years to help revitalize the 100-year-old Santa Monica Post 123, formerly as its adjutant and as a member of its executive board, before transferring back to Post 283.