If you have been considering applying for a federal loan under the Paycheck Protection Program (PPP) to help your practice financially during the COVID-19 pandemic, you might have questions.
After all, there have been several changes to the program, thanks to a law passed earlier this month that, among other things, eliminates certain restrictions on the loan terms and allows businesses more time to use the funds.
The Texas Medical Association has created a podcast that will help answer many of the questions you might have about PPP loans. The podcast – which is hosted by Heather Bettridge, associate vice president of TMA Practice Management Services – is accredited for 0.5 AMA PRA Category 1 Credits™.
If you have more questions about the loans or other ways to protect your practice during the pandemic, TMA has published a Practice Viability Toolkit with up-to-date information and resources.
The toolkit includes a section on cash flow, including federal loan assistance, lines of credit, payment deferrals, loan refinancing, and loans from private banks.
As with most of TMA’s CME programs, the podcast and toolkit are free for TMA members and their practice staff thanks to a generous sponsorship by the Texas Medical Association Insurance Trust.
You can find more tools, resources, and information on the practice viability section of the TMA COVID-19 Resource Center.
Last Updated On
June 16, 2020