Message from US Representative Sean Casten

Dear Constituent,

This week, I am hosting two webinar events specifically for nonprofit and small business organizations as we all cope with the disruptions caused by the coronavirus epidemic.

We will be sharing information on the additional resources created by the CARES Act that are now available to help. These events are free and open to the public, though space is limited to 500 participants for each webinar, so I encourage you to register now.

In addition, last Friday (April 3^rd) was the launch of the Paycheck Protection Program, designed to help small businesses and other organizations cover their employees’ payroll and benefits during the crisis. I strongly encourage you to apply as soon as possible. More details are included below.

REGISTER FOR NONPROFIT OR SMALL BUSINESS WEBINARS

I will be joined by a representative of the US Small Business Administration for two webinars next week on resources created by the recently passed CARES Act, including the Paycheck Protection Program loans, Small Business Debt Relief Program, Employee Retention Tax Credit, Employer Payroll Tax Deferral and Business Counseling.

The first session is for nonprofits and the second session is for small businesses.

Registration is now open:

• Wednesday, April 8^th 3:00pm CT – Rep. Casten Webinar on Federal Resources for Nonprofits
• Thursday, April 9^th 4:00pm CT – Rep. Casten Webinar on Federal Resources for Small Businesses

These webinars build on our previous webinar on the Economic Injury Disaster Loan Program which was recorded on March 25, 2020. More information and resources can be found here.

PAYCHECK PROTECTION PROGRAM FOR SMALL BUSINESS IS OPEN!

Included in the CARES Act stimulus is the Paycheck Protection Program, designed to help small business owners cover their employees’ payroll and benefits during the crisis. This program also applies to non-profits, veteran organizations, sole proprietorships, the self-employed, and independent contractors. These loans will be forgiven so long as proceeds are used to cover payroll costs and benefits, and employee compensation levels are maintained (capped at $100,000).

Applications opened April 3 for small businesses and sole proprietorships, while applications are open for independent contractors and the self-employed starting April 10.

You can find more guidance on how to apply at the Department of the Treasury’s website. 

Please contact our office at (630) 520-9450 with any questions. 

Sincerely,

U.S Representative Sean Casten