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Relief Funding: The parameters and delta between the EIDL and PPP
April 7, 2020 @ 3:30 pm - 5:00 pm
This webinar will be presented by Avidia Bank’s Chuck Budd, Senior Vice President, Commercial Relationship Officer, and Andrew Miller, Senior Vice President, Commercial Relationship Officer.
Tuesday, April 7, 2020, 3:30 pm
In this presentation, they will discuss:
- Avidia Bank’s response
- Program features and benefits and requirements
- Calculating maximum loan amounts
- Repayment options
- Understanding the “forgiveness” portion of the PPP (Paycheck Protection Program) loan and the grant option for the EIDL (Economic Injury Disaster Loan)
- Differences between the EIDL and the PPP