Presented on June 23, 2020
Michael Cullom, Director, Restaurants Practice
Mark Danzenbaker, CEO and President, GridPoint
In this webcast with GridPoint, we’ll cover updates to the Payment Protection Program (PPP) and ways to reduce your business costs.
Under the Coronavirus Aid, Relief, and Economic Security (CARES Act), PPP loan proceeds can be used for a variety of purposes, including rent, interest, and utility expenses. We’ll discuss how to go about this to reduce utility expenses and free up funds for other areas of your business. Then we transition to introduce a smart building technology you could potentially adopt to further that aim.