Get All Access for $5/mo

2 Tax Attorneys Explain What You Need to Know About the Coronavirus Stimulus Loan If you want to know more about the Paycheck Protection Program loan, check out this explainer made by lawyers.

By Mat Sorensen

Opinions expressed by Entrepreneur contributors are their own.

One business day after the Paycheck Protection Program loan (aka Coronavirus Stimulus Loan, or PPP Loan) went into effect, Entrepreneur contributors Mat Sorensen and Mark J. Kohler created a great webinar to help you understand coronavirus emergency loans for small businesses. Given more time to process the new laws, Sorensen and Kohler are back with some updated findings that can help you better understand where to go from here.

Related: Free Webinar - Coronavirus Emergency Loans for Small Businesses

Check out the full video to see new financial tips and tricks that can help you optimize a slice of this $350 billion pie and get you through these tough times.

Related: 8 Ways Business Owners Can Take Advantage of the Federal Stimulus Package

Mat Sorensen

Entrepreneur Leadership Network® VIP

CEO & Attorney at Directed IRA & Directed Trust Company

Mat Sorensen is an attorney, CEO, author, and podcast host. He is the CEO of Directed IRA & Directed Trust Company, a leading company in the self-directed IRA and 401k industry and a partner in the business and tax law firm of KKOS Lawyers. He is the author of The Self-Directed IRA Handbook.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Process

How CEOs Can Take Control of Their Emails and Achieve Inbox Zero

Although there are many methodologies that leaders can use to manage their emails effectively, a consistent and thought-through process is the most effective way to systemize and respond to emails and is a step of stewardship for the effective leader.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Business News

Former Steve Jobs Intern Says This Is How He Would Have Approached AI

The former intern is now the CEO of AI and data company DataStax.

Science & Technology

5 Automation Strategies Every Small Business Should Follow

It's time we make IT automation work for us: streamline processes, boost efficiency and drive growth with the right tools and strategy.

Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.