On June 4, 2020, three major changes were made to the Paycheck Protection Program (PPP) loan forgiveness program to make it more flexible and less burdensome for borrowers to receive full loan forgiveness. These changes apply to new borrowers and those who already received their loan, and should make it easier for PPP loan recipients to have their loan completely forgiven by the Small Business Association. This added flexibility is particularly helpful for businesses that are still not fully operational.
Jennifer Drake
Jennifer Drake is the director of the Emergency Child Care and Technical Assistance Center™. She has more than 20 years of system-level experience in early childhood care and education, family engagement and training and technical assistance. Before joining CCAoA, Jennifer worked in a regional CCR&R agency for 15 years including seven years as Executive Director. Besides her organizational leadership role, Jennifer collaborated extensively in numerous state-level early childhood care and education and family engagement initiatives. Jennifer holds a Master of Science in public service administration. She lives with her husband in Indianapolis, Indiana. Jennifer is committed to advancing a child care system that effectively serves all children and families—during the COVID-19 crisis and beyond.
Recent Posts
3 Major Changes to the Paycheck Protection Program
By
Jennifer Drake on June 08, 2020
Topics: Business Operations for CCR&Rs, Coronavirus
Continue ReadingHow Can CCR&R Agencies Help Child Care Programs Reopen?
By
Jennifer Drake on May 01, 2020
Child Care Aware® of America (CCAoA) understands that this is an uncertain time for child care providers, as they make difficult decisions about what's best for their business and the families and community they serve. This is also an uncertain time for families as they make decisions about child care. The safety and well-being of staff, family members and children is of utmost importance.
Topics: Business Operations for CCR&Rs, Systems Building, Coronavirus
Continue Reading