How to Reduce Utilities Costs with PPP Loans and Smart Tech

How to Reduce Utilities Costs with PPP Loans and New Tech

Presented on June 22, 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.

Related Topics

CARES Act Overview: COVID-19 Relief and Resources for the Restaurant Industry

3 of the Biggest Issues Facing Restaurant and Hospitality Sectors

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