'Paycheck Protection Planner' Digital Portal Launched To Help Businesses Navigate, Secure Coronavirus Stimulus Loans

NEW YORK, April 8, 2020 /PRNewswire/ -- PaycheckProtectionPlanner.com, an independent resource portal that helps small businesses navigate the complex web of the federal stimulus funds available, so they can quickly secure the funds they need to cover payroll and keep their people employed, was launched this week. The digital portal offers free tools and resources to help businesses get fast funding through the stimulus program, which offers up to $10M of forgivable funds to cover overhead during the crisis.

Everything on the Portal is provided for free by a group of business owners who've already successfully navigated the web of coronavirus-related stimulus funding. The group felt compelled to share everything they learned with others facing the same unprecedented challenges they faced, to prevent mass layoffs that could overwhelm our government's current capacity to manage effectively.

The Paycheck Protection Planner creators are not accountants, lawyers, or representatives of any government agency. They are business owners who want to help other employers at a critical time for all American businesses who want to keep their employees on payroll.

Paycheck Protection Planner Portal Highlights:

• Multimedia tutorials of the stimulus program rules, with animated FAQ's, fact sheets and action plans to help businesses secure fast funding.
• "The Corona Calculator" ? the first and only interactive calculator that automates the calculations to quickly determine how much stimulus money businesses are entitled to and what businesses need to do to get full forgiveness of the loans.
• Corona Crisis Playbook, a comprehensive plan with over 30 guides and playbooks that provide best practices to help businesses survive during the crisis and thrive through the recovery. The playbook shares best practices for:
• Acquiring and Conserving Capital
• Crisis Planning
• Fast Funding Strategies
• Capital Management & Conservation
• Crisis Communications
• Human Resources
• Facility Management
• Operational Excellence in Crisis.

"The Paycheck Protection Planner was launched by business founders who wanted to help other founders make use of these government loans so they can keep as many employees on payroll for as long as possible," said Sean Wolfington, chairman of the Wolfington Companies & CarSaver at Walmart, and one of the creators of the Paycheck Protection Planner portal. 

"For these companies, the biggest challenge is timing since, as small businesses, they have neither the cash to float themselves through the crisis nor time to navigate the legislation and program rules to secure federal stimulus loans," Wolfington continued.

"Business owners are on the front lines of this crisis. We're not just seeing it, but feeling the direct impact of the devastation," said Brian Benstock, general manager of New York-based Paragon Honda.

"The stimulus program is right on time, but it was hard to figure out at first. The Planner has been a critical tool in helping our business move fast to secure funding that makes it easier to keep our employees on payroll, and get everyone back to 100 percent as quickly as possible," Benstock added.

"Small businesses are the heartbeat of the American economy and right now are hurting badly," said Chad Collier, co-founder/CEO of CarSaver at Walmart. "With the Paycheck Protection Planner Portal we're doing what we can to help make a difference, just like every small business owner in this country."

"The Paycheck Protection Planner Portal gathers the best resources out there for businesses looking to cover their overhead and navigate this crisis," said David Boice, co-founder/CEO of Team Velocity. "We're doing everything we can to make it easier and faster for businesses to get funding so they can make payroll and support the families they serve. We will weather this storm and we will emerge stronger?just as we have so many times before in our nation's history."

About the Paycheck Protection Planner

The Paycheck Protection Planner is an independent portal, created to help businesses navigate the complex web of stimulus funds so they can quickly secure the maximum funding available to keep their doors open and employees on payroll. 

The Paycheck Protection Planner's portal provides free access to critical resources and tools, including Multi-Media Tutorials of program rules & loan terms, along with Animated FAQ's, The Corona Calculator for determining max forgivable loan amounts, and the Corona Crisis Playbook, with over 30 Business Guides & Action Plans that provide best practices that help businesses survive during the crisis, and thriving through the crisis.

Visit www.PaycheckProtectionPlanner.com for more information.

Contact
For more information, or to interview Brian Benstock, Sean Wolfington or others, please contact:
[email protected]

SOURCE Payment Protection Planner