Weekly stories on the subject of real estate, design and the built environment

Close

Workshop Review – Deciphering The CARES Act

On Thursday 4/2, a number of Brick & Wonder members joined our Workshop discussion on the COVID-19 relief CARES Act, led by design firm insurance specialist Rich Standing, and $0-5m business CPA and tax specialist Drew Benenson

The session covered:

  1. Finance:
    1. The Paycheck Protection Program, the limits of it’s coverage, how to apply for it through banks, and the extensive loan forgiveness it offers. 
    2. The Economic Injury Disaster Loan, which has no loan forgiveness and is available through the SBA
    3. State and City loands and grants and where to access them
    4. How and when to access 
  2. Insurance
    1. The relatively soft market for General Liability insurance and the probability that premiums will remain the same or go down
    2. The likelihood that States will force insruance companies to provide some level of disaster insurance, even though since SARS, viruses have generally been excluded as a cause for coverge. Watch this space!

Attached is a short presentation on the provisions of the CARES Act prepared by the team at Barlow. 

Thanks to Rich (rich@chadwickbrokerage.com) & Drew for presenting, and to Matthew Moss for the introduction to Drew Benenson (dbenenson@tarlow.com // dbenenson@tarlow.com). 

A recording of the zoom session is available here in video format and here in audio format. 

Related Articles

  1. Review: Start Podcasting

    Review: Start Podcasting

  2. Review: Leadership EQ

    Workshop Review – Leadershp EQ

  3. What The
    Media Wants

    Workshop Review: What the Media Wants