Key Takeaways:

01:50 - The purpose and overview of PPP loans

07:00 - Who qualities for the second round of PPP loans

09:05 - What defines a “quarter” for the PPP loans, the answer might surprise you

12:30 - The importance of having a relationship with a business banker

16:30 - Why having a coach through these times is vital

Quotes:

“More than likely there is going to be some extra cash with this that you can use for other things” - (Doug) (03:15)

This is your opportunity to go to bat with your accountant, with the SBA… to qualify for this second round of PPP”- (Jason) (08:34)

“This is an opportunity to stabilize your business and possibly catapult it into a much better position by later in the year” - (Doug) (16:05)

“Use it for the areas you need to use it for, use it in things that you can invest in the growth of your company.” (Jason) (18:10)