Can the CARES Act (Forgivable Loan Program) save your vet practice? Find out.

The sudden and massive impact of COVID-19 on the United States has already left business owners with high anxiety. We know because we are right there with you.

Many of our clients have been reaching out with questions about the CARES Act (Forgivable Loan Program) and what it could mean for their business.

Our leadership and consultants are in constant communication to stay on top of national updates to help guide our clients through this turbulent time.

Please join us for a brief webinar this coming Wednesday, April 8, 2020 where Mike Panter (President & CEO, Southern Financial Consultants), along with Mark Busby (CFP, Coosa Valley Financial) and Chris Tilley (Associate, Coosa Valley Financial) will provide clarity on the new CARES Act and SBA Paycheck Protection Program.

Topics Covered:

  • How to evaluate your current situation
  • Full-Time / Part-time / Contract Labor
  • Eligibility & Forgiveness Calculation 
  • Timing of taking the loan
  • What is the EIGHT-WEEK Formula
  • Personal Guarantees, Collateral, & Credit Scores
  • How much can I borrow
  • Forgivable or 18 month repayment
  • Processing & closing cost
  • Eligibility for EIDL – $10,000 advance disaster loan
  • Eligibility for 50% employee retention tax credit
  • Is the process worth my time & effort

Our team feels strongly that there is not one “correct” answer to the question, “Should I apply for the loan immediately?” Your course of action will ultimately be up to you. However, our sincere hope is that the clarity we bring to this subject offers the ability to make the best business decision possible—for yourself, your employees and your practice.

As we all navigate through this uncertain time, we ask you to do one thing; trust us. Trust your consultant, read our communications and do your best to ignore the rest of the noise. We are all in this together and will get through this… together.

Call Info:

We look forward to you joining us for the call today! If you haven’t already done so, please register.

Our leadership and consulting team are armed with knowledge and ready provide the much needed clarity on the CARES Act and SBA Paycheck Protection Program.

We hope the call will address many of the questions and concerns you may have, as well as what COVID-19 and the CARES Act could mean for your business.

To join the conference call, use the following information:

Conference Call #: 712-432-0220
Passcode: 9568222#

If you have trouble joining the call or need assistance, contact Susan Vardeman with Southern Practice Consulting Group at:

Phone: 706-258-5453

Register for Webinar:

(You will receive the conference call ID and password on the morning of Wednesday, April 8, 2020.)