Day At The Track

Webinars on the racing industry - Covid-19

05:57 AM 10 Apr 2020 NZST
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Standardbred Owners Association of New York
Standardbred Owners Association of New York

The National Thoroughbred Racing Association (NTRA) recently conducted two useful webinars regarding the federal programs contained in the CARES Act designed to provide relief to small businesses during the COVID-19 outbreak.

The webinars focused on the racing industry, with particular attention to the potential relief for trainers, including loans under the Payroll Protection Program (PPP) which provides loans which have the potential to be converted into outright grants provided that the proceeds are used for the appropriate specified purposes.

The links to the webinars are as follows:

https://www.youtube.com/watch?v=puoifion740&feature=emb_rel_end

https://youtu.be/tH15W1dPzhc

Every individual’s situation is unique, and it is therefore important that you consult with your financial and legal advisors in connection with your pursuit of relief under the CARES Act.

 

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