Paycheck Protection Program (PPP) (2020) Webinar

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Air Date: April 6th, 2020

Description: On March 27, 2020 the House of Representatives passed the $2+ trillion dollar stimulus bill, the CARES Act, in an effort to revive the US economy from the associated economic fallout caused by the COVID-19 pandemic. The CARES Act builds upon two former pieces of legislation by providing more robust support for individuals and businesses, including changes to tax policy. It expanded the unemployment insurance for workers, but it also allocated $350 billion to the Paycheck Protection Program, which is meant to help small businesses (fewer than 500 employees) impacted by the pandemic and the economic downturn. It will allow them to borrow money for payroll, rent, or mortgage and utilities, as well as debt obligations during the “covered period.” This webinar will answer key questions regarding the Paycheck Protection Program (PPP) eligibility, terms, applications and other related topics.

People who should attend: Board of Directors, Senior Management, Lending, Compliance, Enterprise Risk, Marketing, Accounting, Audit and Front lines of staff

Presenter: Elizabeth K. Madlem, Associate General Counsel

Elizabeth is an Associate General Counsel & Compliance Officer at Compliance Alliance. In the past, she served as both the Operations Compliance Manager and Enterprise Risk Manager for Washington Federal Bank, a $16 billion dollar organization headquartered in Seattle, WA. She has industry expertise and real-world solutions surrounding bank-enterprise initiatives as well as knowledge of contract law and bank regulatory compliance. 

An attorney since 2010, Elizabeth was a Summa Cum Laude, Phi Beta Kappa, Delta Epsilon Sigma graduate of Saint Michael’s College in Burlington, VT, and a Juris Doctor from Valparaiso University School of Law in Indiana. Elizabeth will be handling C/A document reviews, participating in the Education department, and contributing as a featured author.