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CCEKS Conference Call (CEO Level / Bi-Weekly) - Shared screen with speaker view
Marieta Hauser
501(c)3 and 501(c)(19) are eligible for the PPP
Marieta Hauser
They are the only non profits eligible at this time.
Megan Smith
Have you heard what the balance of the PPP fund is currently?
Marieta Hauser
According to White House economic adviser Larry Kudlow, 178,000 loan applications were being processed as of Tuesday morning. The report doesn't give a dollar amount but I think everyone agrees that the money will not meet the demand that is likely out there for the funding.
John Gonzales
Yes! A 501(c)(19) Veterans Organization that meets the SBA size standard is eligible for PPP