Cleveland Fed Hosting Webinar to Answer Questions about the Paycheck Protection Program

The Paycheck Protection Program (PPP) was created to help small businesses keep their workforce employed during the COVID-19 crisis. To help small business borrowers determine if the PPP is a good option for them, the Federal Reserve Bank of Cleveland is hosting a webinar that will provide guidance on accessing the program, the application process, and other details about the loan terms. Representatives from the Small Business Administration, a regional economic development organization, and community development financial institution will walk attendees through the PPP.

What: Online Webinar—Free and Open to the Public

When: Thursday, June 25, 2020, 12:00 PM - 1:30 PM

Who should attend: Small business owners and anyone else with questions about the PPP

The discussion will cover:

• Is a PPP loan right for your business?
• What is the application process?
• What expenses are covered by a PPP loan?

Panelists include:

• Claudia Castillo. President, Claud-B Studios, Inc.
• Gil Goldberg - U.S. Small Business Administration, District Director, Cleveland District Office
• Ray Graves, U.S. Small Business Administration, Lead Lender Relations Specialist, Cleveland District Office
• Brian Hall – Greater Cleveland Partnership, Senior Vice President and Executive Director for the Commission on Economic Inclusion
• Anna Smukowski – Local Initiatives Support Corporation, Director, Investor Relations & Capital Strategies

Welcome by Loretta Mester - President and CEO, Federal Reserve Bank of Cleveland Moderated by Ken Surratt - Community Development Outreach Manager, Federal Reserve Bank of Cleveland

Panelists will answer audience questions following the presentation.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.455.4479