Money Talks - April 4, 2020

Published: April 6, 2020, 6:45 p.m.

This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, Principal Bil Lako, CFP®, and President and Director Gene W. Henssler, Ph.D., interview Pete O’Hern from Coastal States Bank on the Payroll Protection Program loans that are backed by the Small Business Administration. While final guidance from the SBA hadn’t been released as of the interview, they cover what the loans can be used for and how the loan forgiveness may work. They also discuss how small businesses may qualify for both the PPP loans and the SBA’s Emergency Injury Disaster Loan program. Bil, Troy, and Gene also cover unemployment for businesses who have had to cut their workforce, how they feel investors need to face the current market, and the week’s economic and stock market news.