Texas Border Business
Washington, D.C. – Restaurants and hotels relied on the bipartisan Paycheck Protection Program (PPP) to support their workforce and sustain operations in 2020 and 2021. To ensure that eating and drinking places can successfully achieve PPP loan forgiveness, the National Restaurant Association is hosting a webinar with former U.S. Small Business Administration official Bill Briggs. The discussion will focus on the essential steps to ensure restaurants are not burdened with more long-term debt, including:
• What top lenders and banks are looking for when approving PPP forgiveness
• How to prepare a forgiveness application for first and/or second draw PPP loans
• When SBA expects businesses to apply for second draw PPP loans
WHO:Â Â Bill Briggs, Consultant, BB Advisory Aaron Frazier, Director Healthcare and Tax Policy, National Restaurant Association
WHAT:Â Webinar to educate operators about PPP loan forgiveness.
WHEN:Â Tues., May 25, 2021 2 p.m. ET/9 a.m. PT
REGISTRATION:Â Â Â Â Â Â Â Â https://restaurant.zoom.us/webinar/register/WN_qQpHiyxhS1-GSO032ycWzA
**Due to time restraints, questions from reporters may not be answered during the webinar. Any questions can be submitted tomedia@restaurant.org pre- or post-webinar.
About the National Restaurant Association
Founded in 1919, the National Restaurant Association is the leading business association for the restaurant industry, which comprises 1 million restaurant and foodservice outlets and a workforce of 15.6 million employees. We represent the industry in Washington, D.C., and advocate on its behalf. We sponsor the industry’s largest trade show (National Restaurant Association Show); leading food safety training and certification program (ServSafe); unique career-building high school program (the NRAEF’s ProStart). For more information, visit Restaurant.org and find us on Twitter @WeRRestaurants, Facebook and YouTube.
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