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 in the United States during the COVID-19 pandemic.

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 that have the potential to be converted into outright grants, provided that the proceeds are used for the appropriate specified purposes.

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.

The webinars appear below.

(With files from the SOA of NY)