SBA Relief Options for Vermont Attorneys Presented by: Vermont - - PowerPoint PPT Presentation

SBA Relief Options for Vermont Attorneys

Presented by: Vermont Association for Justice & Vermont Bar Association

Cassandra LaRae-Perez Special Counsel

JD, Boston University School of Law BA, University of California, San Diego

• Leiden University Law School, Netherlands
• Birmingham University, England
• University of Burgundy, France

An experienced litigator, regulatory and business attorney across a range of industries, Cassandra has tailored her practice for New England’s food and beverage producers, most of which are small- and medium-sized companies. She also heads Gravel & Shea’s Intellectual Property practice, managing a global trademark portfolio spanning more than 50 countries. https://www.gravelshea.com/category/covid-19/

claraeperez@gravelshea.com 802-658-0220

As partner in charge of tax service, John coordinates tax compliance and planning services to individuals and small and medium-size businesses. He works closely with clients to develop strategies to improve their companies' performance. He serves professional service firms, manufacturing concerns, contractors, hospitality, and distribution businesses. His expertise includes:

• Corporation, S-corporation and individual taxes
• Business valuations
• Compensation and succession issues
• Business advisory services

EDUCATION BS, University of Vermont ABV – AICPA’s Accreditation in Business Valuation PROFESSIONAL AFFILIATIONS Member - American Institute of Certified Public Accountants Member of Vermont Society of CPAs Treasurer, Howard Center

John McSoley, CPA McSoley McCoy & Co. 118 Tilley Drive, Suite 202 South Burlington, VT, 05403 Phone: 802-658-1808 Email: jmcsoley@cpavt.com

Disclaimer: This is not legal advice. Do not rely on it. These are the personal observations of the participants, who have been kind enough to help out in a time of crisis. Please refer to original official government resources for the final word. Information is being updated daily. We will share links. Please use the capable Vermonters who are willing and able to help, get you the $$$ that you need to carry on. Procedure: Please ask questions in the chat function.

Selection of the COVID-19 events leading to legislation

• January 21

First confirmed COVID-19 case in the US

• February 26

First case of suspected local transmission in the U.S.

• February 29

First Death in the U.S.

• March 13

President Trump declares National Emergency Governor Scott declares State of Emergency and National Guard Call-out

• March 15

Vermont schools closed

• March 16

Prohibition of mass gatherings >50, in-person restaurant/bar services

• March 21

Closure of Close-Contact Businesses, gatherings >10 people, require CDC guidance to ensure social distancing for businesses that remain open

• March 21

Work from home for all “non-essential” businesses/non-profits

• March 25

Vermont Stay/Home Stay Safe Order (until 4/15)

• March 30

Quarantine Restrictions on Travelers Arriving in Vermont (until 4/15)

• April 6

Governor Scott announces that April 15 deadline will be extended

The problem:

The problem:

The problem:

Economist Art Woolf: “The state labor department received 14,784 claims for unemployment last week. The huge spike in claims came in the wake of coronavirus-related layoffs. “Michael Harrington, interim commissioner, told lawmakers Thursday that the total number of claims — processed and unprocessed — is an all-time record.”

The problem:

Selection of the COVID-19 Legislation

• March 6

P.L. 116-123 deems COVID-19 Outbreak a declarable disaster under the Small Business Act

• March 19

Families First Coronavirus Bill (effective April 2) Dramatically expands FMLA, giving 12 weeks job-protected leave for COVID-19-related reasons (e.g., caring for children when schools have closed); provides up to 80 hours of paid sick leave for employees unable to work for COVID-19-related reasons; employers must pay for the benefits but receive tax credits to compensate.

• March 26

Vermont passes its COVID-19 Relief Measures, H.681 and H.742 H.681 addresses safe conduct of public meetings and elections H.742 significantly broadens availability of unemployment benefits to persons who are unable to work due to reasons related to COVID-19 and exempts certain benefits from employers’ experience ratings.

• March 27

CARES Act

Coronavirus Aid, Relief and Economic Security Act (“CARES Act”)

Purpose Keeping Workers Paid and Employed; Health Care System Enhancements; and Economic Stabilization $2T allocated

$377 billion for small business

Coronavirus Aid, Relief and Economic Security Act (“CARES Act”)

Title I Keeping workers Paid and Employed Act

Paycheck Protection Program Loan forgiveness Emergency (EIDL) grants

Title II Assistance for American Workers, Families and Businesses

Unemployment Insurance Provisions, 2020 recovery rebates, special rules for retirement funds, exclusion for employer payments of student loans, employee retention tax credit, other tax relief

Title III Supporting America’s Health Care System in the Fight Against the Coronavirus Title IV Economic Stabilization and Assistance to Severely Distressed Sectors of the United States Economy Title V Coronavirus Relief Funds

Title I: Keeping workers employed

Paycheck Protection Program Creates a new loan program primarily for the purpose of keeping businesses afloat and workers employed and paid during this period of economic shutdown. Available loan amounts are calculated from pre-pandemic monthly payroll costs and some or all of the loan may be forgiven and paid for by the US Government. Expansion of the SBA Disaster Loan Program Expansion of the existing SBA Disaster Loan Program (Emergency Economic Injury Disaster Loan (“EIDL”) Program) Requirements have been relaxed or waived so that businesses can access funding more quickly The Program allows for a grant for up to $10,000, which is to be disbursed within 3 days of the application – before the application is decided - and which does not have to be paid back.

Emergency EIDL

• Expansion of a current program
• Additional $10 billion in funding
• Funds come directly from the U.S. Treasury
• Obtained directly from the SBA - apply online

https://www.sba.gov/page/disaster-loan-applications * Business Loan Application (Form 5) / Sole Proprietor Loan App * Economic Injury Disaster Loan Supporting Information Form

• Maximum loan amount $2 million; maximum unsecured loan is $25,000
• Interest Rate 3.75% fixed for small business; 2.75% fixed non-profits
• Up to 30 year term – interest deferment up to 4 years

Emergency EIDL

• Applicants may request an emergency advance of up to $10,000
• Must be needed to cover allowable operational expenses
• The Act provides that the advance is to be disbursed within 3 days, while the

application is pending

• The only requirement before disbursing the funds should be verification that

the applicant is an eligible entity by accepting a self-certification from the applicant under penalty of perjury.

• It is a grant – it does not have to be repaid even if the application is ultimately

denied

Emergency EIDL

Who can apply?

• Businesses, cooperatives, and ESOPs with 500 or fewer employees
• Nonprofits
• Small agriculture cooperatives
• Sole proprietors, independent contractors, employees are not required
• Tribal small businesses
• Any other entity already eligible

Emergency EIDL

If I am a nonprofit, but I am not a 501(c)(3), can I apply for an Emergency EIDL?

• Yes. “If you are a private non-profit with an effective ruling letter from the IRS,

granting tax exemption under sections 501(c), (d), or (e) of the Internal Revenue Code of 1954, or if you can provide satisfactory evidence from the State that the non-revenue producing organization or entity is a non-profit one organized or doing business under State law.”

https://accd.vermont.gov/covid-19/business/economic-injury-disaster-loans-and-emergency-economic- injury-grants

Emergency EIDL

• Must demonstrate “substantial economic injury” due to COVID-19
• The injury is the basis for the amount of loan to which you are

entitled (less any amount covered by insurance or by other source)

• If you applied prior to March 30 for a COVID-19-related injury, the

SBA encourages you to apply again and representatives have said it won’t disturb your place in the queue

Emergency EIDL

“Covered Period” is January 31, 2020- December 31, 2020 Eligible uses: Ordinary operating expenses:

• providing sick leave to employees unable to work due to “a direct effect” of COVID-19;
• maintaining payroll during business disruptions, meeting supply chain costs;
• making rent or mortgage payments;
• repaying debts that cannot be paid due to lost revenue
• provided all due to effects of COVID-19
• (and others)

Emergency EIDL

Rules have been relaxed or waived

Personal guarantees ARE NOT REQUIRED on advances and loans of $200,000 or less

• There may be collateral requirements for loans over $25,000

Businesses do not have to have been in operation 1 year prior to the disaster (Feb 15, 2020)

• except the business must have been in operation on January 31, 2020

Don’t have to show that applicant is unable to find credit elsewhere Lenders can approve applicants based solely on credit scores or “alternative appropriate methods to determine an applicant’s ability to repay.” Tax returns are not required. Everything can be submitted online through the application portal

Emergency EIDL

https://www.sba.gov/page/disaster-loan-applications

Paycheck Protection Program (“PPP”)

Overview

• $349b loan program providing loans up to $10 million dollars
• Amount of loan is calculated based on payroll costs
• 1% interest rate
• Two year loan
• No personal guarantee or collateral is required
• It is possible to have 100% of the loan forgiven
• Payments are deferred for six months
• All fees are paid by the SBA
• Amounts borrowed under the SBA Disaster Loan Program can be re-financed under this loan, but the injury for

which that loan was extended must be different from the purposes of the PPP loan – no double-dipping

Paycheck Protection Program (“PPP”)

How is my maximum loan amount calculated? Lesser of:

• For most businesses: 2.5 x average monthly payroll over the 12-months prior to the date when the loan

is made

• For new businesses: 2.5 x average monthly payroll from January 1, 2020 to February 29, 2020
• For seasonal businesses:
• 2.5 avg monthly payroll from February 15, 2019 – April 10, 2019 or March 1, 2019 – June 30, 2019
• Capped at $10 million
• Any outstanding amount of a loan made during the SBA Disaster Loan Program after January 31, 2020

but before the date of this loan may be refinanced and added to the maximum loan amount.

Paycheck Protection Program (“PPP”)

What are “payroll costs”?

• Compensation to employees
• Note: If an individual employee is paid more than $100,000 per year, the excess above that amount (as prorated for the covered

period) is excluded from the calculation.

• Also excluded: compensation of employees who live outside the U.S., and qualified sick or family leave wages covered under Families

First, that is qualified sick and family leave wages for which a credit is allowed under the Families First Coronavirus Response Act

Salaries and wages Severance payments Commissions Group health benefits/insurance premiums Cash Retirement benefits Paid leave (parental, family, medical or sick) State and local payroll taxes (but not federal) Compensation paid to independent contractors Compensation paid to sole proprietors

Paycheck Protection Program (“PPP”)

What can I use the loan proceeds for?

Funds can be used to pay the operating costs during the eight (8) week period following the loan, including Payroll costs (up to $100K per employee) Group health care benefits and insurance premiums Mortgage interest Rent/lease agreements Utilities costs Interest on other debt that preceded the loan Not all of these uses can be forgiven

Paycheck Protection Program (“PPP”)

Who is eligible?

Eligibility has been greatly expanded:

• Any business, most nonprofits (501(c)(3)), a veterans organization (501(c)(19)) or a tribal business

concern with no more than the greater of

• 500 employees (full/part/other bases all count)
• The size standard in: https://ecfr.io/Title-13/se13.1.121_1201
• Special rules for hospitality and dining industries, franchises, for which entity affiliations are waived.
• Sole proprietors
• Independent contractors
• Eligible self-employed individuals (see Families First Act)
• You also have to have been in operation on February 15, 2020 and either had employees for whom

you paid salaries and payroll taxes or paid independent contractors as reported on a Form 1099-MISC

Paycheck Protection Program (“PPP”)

Are law firms eligible?

• Yes. But not all attorneys will be counted.

Payroll costs includes compensation to employees

• “compensation” includes salaries, wages, commissions, or similar compensation; cash; paid leave;

severance payments; payment for group health benefits, including insurance premiums; retirement benefits; state and local payroll taxes; and compensation to sole proprietors or independent contractors (including commission-based compensation) but not more than $100,000 per employee per year, as pro-rated for the covered period.

• includes tipped employees
• “the compensation of an individual employee in excess of an annual salary of $100,000 as prorated for

the covered period,” is excluded. Also excluded: compensation of employees who live outside the U.S., and qualified sick or family leave wages covered under Families First.

• Payroll costs do not include payments made to independent contractors outside your business
• Payroll costs may or may not include equity partners, depending on corporate structure of the firm

Paycheck Protection Program (“PPP”)

Who is ineligible?

Any business whose activity is illegal under federal, state or local law Household employers employing household employees If an owner of 20 percent or more of the equity is incarcerated, on probation, parole, has been convicted of a felony in the last five years (this is not exhaustive) You have ever obtained a direct or guaranteed loan from SBA or other federal agency that is delinquent or has defaulted in the last 7 years For more, see https://www.sba.gov/partners/lenders/7a-loan-program/terms-conditions- eligibility#section-header-19. Except note that at this link, nonprofits would be determined to be ineligible and that is not the case for the PPP

Paycheck Protection Program (“PPP”)

How much of the loan will be forgiven?

• Proceeds expended for operating costs in the eight (8) weeks following the date of the loan can

be forgiven, but

• Expenditures must be thoroughly documented
• The list of forgiven expenditures is slightly shorter than allowable expenditures
• Forgiveness is reduced for a reduction in workforce beyond June 30, 3020 or a reduction in

salaries/wages that is not restored before June 30, 2020

Paycheck Protection Program (“PPP”)

Forgivable expenses

Payroll costs (up to $100K per employee) Mortgage interest (if mortgage originated before 2/15/2020) Rent/lease agreements (if lease in force before 2/15/2020) Utilities costs (e.g., electricity, gas, water, phone, internet, if service began before 2/15/2020) The Treasury has advised that because of the likely “high subscription” and limited ability of funds, likely not more than 25% of the forgiven amount will be allowed for non-payroll costs

Paycheck Protection Program (“PPP”)

Forgiven amounts are reduced if you have reduced your workforce

Divide The number of employees* employed during the 8-week period following the loan by The average number of employees*, either: February 15, 2019 – June 30, 2019

January 1, 2020 – February 29, 2020

• r
• r, for seasonal employees:

February 15, 2019 – June 30, 2019 *average number of full-time equivalent employees

Paycheck Protection Program (“PPP”)

Forgiven amounts are reduced if you have decreased wages and salaries Reductions are not applied to compensation reductions for employees earning $100,000 per year or more Reductions are not applied for wage reductions of 25% or less of the employee’s wage or salary during the employee’s most recent full quarter of employment before February 15, 2020 Reductions are applied for every dollar exceeding that amount

Paycheck Protection Program (“PPP”)

Forgiveness eligibility is RESTORED if The reduction in employees was implemented between February 15, 2020 and April 27, 2020 and you rehire employs by June 30, 2020 so that the numbers are the same (Does not have to be the same employees) The reduction in salary or wages was implemented between February 15, 2020 and April 27, 2020 and you eliminated the reduction by June 30, 2020

Paycheck Protection Program (“PPP”)

Proceeds from an emergency disaster relief loan refinanced under this program are also forgivable if they were not expended for duplicate expenditures or injuries but advances received under the emergency loan is excluded from the forgiveness amount (because it was already forgiven)

Paycheck Protection Program (“PPP”)

Documentation required to apply for forgiveness

• Documentation verifying FTEs on payroll and their pay rates;
• payroll tax filings reported to the IRS;
• state income, payroll and unemployment insurance filings;
• Documentation verifying the eligible costs covered by the loans and documenting payments

made;

• Certification from a business representative that
• the documentation is true and correct,
• forgiveness amounts requested were used to retain employees, make and make other eligible payments; and
• Any other documentation the Administrator determines necessary

Documentation is mandatory. No forgiveness shall be granted without the above documentation

Paycheck Protection Program (“PPP”)

Forgiven amounts not taxed

• Lender shall issue a decision within 60 days of a request for forgiveness
• Forgiveness amounts are excluded from gross income for federal tax purposes

Paycheck Protection Program (“PPP”)

The amounts not forgiven

• Are to be repaid over 2 years
• 1% interest rate
• Payments are deferred 6 months (may be extended)

Paycheck Protection Program (“PPP”)

Where do I apply for the loan?

• The SBA administers the loan, but you apply to
• An SBA lender
• A federally-insured bank
• A federally-insured credit union
• Other lenders to be approved

When will the loan program start? The loan program commenced April 3, for small business and sole proprietorships For independent contractors and self-employed, will begin April 10 Applications are available through your lender but can also be obtained online

Paycheck Protection Program (“PPP”)

Other considerations

• To get the loan, you must certify that:
• The business was in operation on February 15, 2020
• Current economic uncertainty makes this loan request necessary to support your business’s ongoing
• perations
• The funds will be used to retain workers and maintain payroll or make mortgage, lease and utility payments

(and that you understand you are liable for fraud if the funds are used for other purposes)

• The business has not received other amounts under this program between February 15, 2020 and December

31, 2020 for the same purposes, nor is an application pending, and that

• All the information provided is true and correct
• Lenders can rely on the borrower’s representations
• Self-employed/independent contractors/sole proprietors must submit additional documentation, including

payroll tax filings and income and expenses

Paycheck Protection Program (“PPP”)

Other considerations, cont’d

• Lenders are encouraged to prioritize applications from
• Small business concerns in underserved and rural markets
• Veterans and members of the military community
• Small business concerns owned and controlled by socially and economically disadvantaged

individuals

• Small business concerns owned and controlled by women
• Business that have been in operation for less than 2 years
• . . . . .but. . . . .

Paycheck Protection Program (“PPP”)

Other considerations

• Eligibility is broad and barriers to access are low.
• $349b may not be enough
• Do not delay talking to your lender
• If your application is not approved based on an adverse size determination or other criterion,

you can appeal the decision to the SBA’s Office of Hearings and Appeals

Links

Emergency Economic Injury Disaster Loan: https://covid19relief.sba.gov/#/ SBA Application https://www.sba.gov/document/sba-form--paycheck-protection-program-borrower- application-form SBA Interim Final Rule https://www.sba.gov/document/policy-guidance--ppp-interim-final-rule US Treasury Fact Sheet on PPP Loans https://home.treasury.gov/system/files/136/PPP--Fact-Sheet.pdf

Other forms of relief in the CARES Act

Loan Payment Subsidies Tax Credits and Benefits to Encourage Retention of Employees and Wages Assistance to Individuals

Loan Payment Subsidies

• Payments for certain pre-existing SBA-guaranteed loans may be deferred by lenders for six

months

• SBA will pay principal, interest and any associated fees directly to lenders during the

deferment period.

• Banks encouraged to provide further relief by extending maturity of existing loans
• These forms of relief do not preclude application to the PPP

Tax Credits

Refundable credit allowed against payroll tax liability for each calendar quarter an amount equal to 50% of qualified wages of each employee

• limited to the first $10,000 in wages per employee (including value of health plan benefits); and
• limited to employment taxes

Requirements:

• employer must have carried on trade or business in 2020; and
• have had business operations fully or partially suspended due to orders from a government entity limiting commerce, travel,
• r group meetings; and
• experienced a year-over-year decline in gross receipts of at least 50%, ends when until gross receipts exceed 80% year-over-

year

Qualified wages: For employers with more than 100 FTEs, only employees who are currently not working due to COVID-19 causes are eligible for the credit; for employers with fewer than 100 FTE,

• Credit applies to taxes for wages paid after March 12, 2020 and before January 1, 2021

Due date for payment of payroll taxes delayed and payable over two years Includes changes to treatment of losses and increases the limitation on business expense deductions.

Title II Assistance to Individuals

Payments to tax payers $1200 ($2400 for joint filers) for individuals and $500 for each child Expansion of unemployment insurance programs $600 per week added to current state benefits for four months until July 31 State unemployment benefits to be extended by an additional 13 weeks until December 31, 2020 IRA contribution and plan contribution deadlines are extended to July 15 And the individual income tax filing deadline is also extended to July 15 Employees can borrow up to $100K from their 401(k) or 403(b) plans without penalty until September 28, 2020. Payments on existing loans also extended. May spread the reported income over 3 years for tax purposes and if repaid within 3 years, no tax consequences

Title II Assistance to Individuals

Student loans

▪ Student loan payments made by employers up to $5,250 (between March 27 and December 31) may be excluded from the employee’s gross income

• Employer must pay the lender directly
• Solo practitioners can also pay through their corporate entity
• Entity can treat the payment as a deduction
• The payment does not have to be reported on the W2 as taxable income
• Likely only of benefit to higher-income employees

▪ Federal Student Loan Payment and Interest Accrual Suspended until September 30, 2020

• Expected to be automatic – no request required
• Special treatment for those on loan forgiveness programs

▪ Impact of Tax Filing Deadline Extension

Unemployment Benefits H.742, §30: employer not charged

The experience-rating record of an employer is not charged for benefits paid to an individual under any of the following conditions: The individual voluntarily separated from employment because:

• ordered to self-isolate by health care provider or the government

because diagnosed with COVID-19,

• or has symptoms of COVID-19,
• or exposed to COVID-19,
• or belongs to class identified as at high-risk
• (continued)

H.742, §30: employer not charged

• or “unreasonable risk” at the place of employment
• ”unreasonable risk” shall include place of employment being out
• f compliance with government directives or guidance

(continued)

H.742, §30: employer not charged

• to care for a family member who is self-isolating as advised or required

by health-care provider or the government, IF family member diagnosed, or experiencing symptoms, or exposed to COVID-19,

• to care for child under 18 years of age because the child’s school or child

care has been closed or unavailable

• or, for eight weeks, if employer ceased operation either partially or

completely, in response to government directive,

(continued)

H.742, §30: employer not charged

• or, for eight weeks, if employer ceased operation either partially or

completely, in response to government directive, IF employer rehires individual within a reasonable time after employer resumes operation

H.742, §31: employee not disqualified

if individual left employment

• to self-isolate
• at recommendation of health-care provider, or
• government directive because diagnosed, experiencing symptoms,

exposed, or in a high risk group

• r
• because of “unreasonable risk” of exposure at place of employment
• r
• to care for or assist a family member who is self-isolating pursuant to directive

because diagnosed, exposed, at high risk

H.742, §31: employee not disqualified

• r
• to care for a child under 18 whose school or child-care is closed due to

pandemic

Additional $600/week in benefits

Federal CARES Act provides a supplemental benefit of $600 per week in unemployment benefits. Key advice from VT Dept. of Labor is that even (former) part-time employees are entitled to the extra $600. See transcript of Friday BDCC webinar at 14:04

“We verified this in the legislation that if you are part-time like very part-time and you might only be eligible for a very, very tiny bit of unemployment, you will still get the full $600 per week.” https://otter.ai/s/vnk4RRS9S06AlSIlKirneg

Title II Assistance to Individuals

Employee retention credit A refundable credit against payroll tax liability equal to 50% of the first $10,000 in wages per employee

• Includes value of health plan benefits

Delay of Employer Payroll Taxes Due date for depositing employer payroll taxes postponed. Deferred amounts payable over two years Other changes

Treatment of losses Corporate AMT Credits Limitation on Business Interest Expense Excise Tax Exemption for Hand Sanitizer

Title III Supporting America’s Health Care System

Changes to Paid Sick Leave and Family Leave Provisions from Families First Act The Emergency Paid Sick Leave Act (EPSLA) entitles workers to up to 80 hours of paid sick time when they are unable to work for certain reasons related to COVID-19, and the Emergency Family and Medical Leave Expansion Act (Expanded FMLA) entitles workers to certain paid family and medical leave. Families First provides that employers subject to EPSLA Expanded FMLA paid leave requirements are entitled to fully refundable tax credits For more visit: https://www.gravelshea.com/2020/03/client-bulletin-employer-tax-credit-for-wages-paid-under- the-families-first-coronavirus-response-act/ https://www.irs.gov/newsroom/covid-19-related-tax-credits-for-required-paid-leave-provided-by- small-and-midsize-businesses-faqs https://www.dol.gov/agencies/whd/pandemic/ffcra-questions

Title IV Economic Stabilization

Relief for Key Economic Industries $25 billion in loans and loan guarantees for air carriers $4 billion in loans and loan guarantees for cargo air carriers $17 billion in loans and loan guarantees for businesses critical to maintaining national security $454 billion to support the lending structure

Title IV Economic Stabilization

Mid-size business loans Interest rate not to exceed 2% Principal and interest payments delayed by six months or longer Borrower must commit not to buy back stock or pay dividends for at least one year Maintain or restore 90% of its workforce (measured from February 15) Restore employees’ compensation within 4 months after the termination of the national emergency plus other requirements

Title IV Economic Stabilization

Foreclosure moratorium and a Right to Request Forbearance Eviction Protection Credit Reporting Relief

VBA Resources https://www.vtbar.org/UserFiles/files/COVID%2019/Resource%20Page.pdf#page=2 H.742: https://legislature.vermont.gov/bill/status/2020/H.742 (unemployment is §§ 31-32 starting at p. 31 Dept of Labor webinars:

• -For self-employed, today at 2 pm: https://labor.vermont.gov/event/virtual-town-hall-series-resources-

self-employed

• -For employers, Thursday at 2 p.m.: https://labor.vermont.gov/event/virtual-town-hall-series-employer-

services-and-rapid-response

• -Last Thursday’s at https://youtu.be/0JRKf9e1ZzU transcript at

https://otter.ai/s/DAVADEtZTiisEGybLRV7kw

Brattleboro Development Credit Corp. webinar every Friday at 2:15 (excellent, highly recommended): https://brattleborodevelopment.com/weekly-resiliency-webinars/

• Last week’s at: https://youtu.be/82it4bb3a44?t=358 , transcript at:

https://otter.ai/s/vnk4RRS9S06AlSIlKirneg

www.metopera.org

Free streaming

SBA Relief Options for Vermont Attorneys

Cassandra LaRae-Perez claraeperez@gravelshea.com 802-658-0220 Ted Hobson Ted.Hobson@Vermont.gov 802-489-7151 Daniel Emanuele CWS Daniel.Emanuele@MascomaBank.com 603-443-8703 John McSoley, CPA jmcsoley@cpavt.com 802-658-1808