Vermont News

Paycheck Protection Program Overview for Vermont’s Childcare Providers

Date: Monday, February 8th 1:00pm-2:00pm
Hosted by Building Bright Futures

Description: Child care providers—both for profit and non-profit—are eligible for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Better yet, they may receive full forgiveness if employment and compensation levels are maintained, loan proceeds are spent on payroll and other eligible expenses, and at least 60% of the proceeds are spent on payroll costs. But the March 31st approval deadline is quickly approaching!

To help child care providers access these forgivable PPP loans, Building Bright Futures will host a free webinar on Monday, February 8th at 1:00pm.

A representative from the Vermont Department of Children and Families will also share allowable uses and evolving Vermont plans and timeline for the Vermont allocation of federal supplemental Child Care and Development Fund (CCDF) COVID relief funding.

To register for the webinar, please click here.