For small business owners struggling to pay rent and make payroll, the federal government’s $284 billion forgivable PPP (Paycheck Protection Program) loan is a lifeline. Participants are eligible for loan forgiveness for the amounts spent on authorized expenses including payroll costs and qualifying non-payroll costs such as operating expenditures, supplier costs, and worker protection.
This year’s relaunched PPP program is aimed at even smaller businesses, and provides special funding for the service sector, nonprofits, and minority, under-served, veteran, and woman-owned establishments. Learn more about the opportunity, application process, and the frequently generated error messages turning up this round, from additional validation checks put in place to flag potential fraudulent applicants, that could delay processing of your PPP application.
FREE ONE-ON-ONE BUSINESS ADVISORS:
- East King County SBDC Advisor, Mari Wruble, mariw@oneredmond.org
- Small Business Development Center (SBDC) Business Advisors
- (Re)Start425 Business Response Team
- Business Impact NW: https://businessimpactnw.org/grow-your-business/coaching/
- Technical Assistance for Non-English Speakers
Program Speakers
Roland Chaiton
Sr Vice President, Sr. Loan Officer & Director Strategic Initiatives, Business Impact NW
rolandc@businessimpactnw.org
(206) 324-4330 x111
Walter McLaughlin
Senior Vice President & SBA Manager, Banner Bank
wmclaughlin@bannerbank.com
(425) 806-2881
Joel Nania
Spokane Branch Manager, Seattle District Office, U.S. Small Business Administration (SBA)
joel.nania@sba.gov
(509) 353-2810
Janie Sacco
Marketing & Outreach Specialist – Seattle District Office, U.S. Small Business Administration (SBA)
janie.sacco@sba.gov
SBA Message Line: (206) 553-7310
Program Resources
Presentation SlidesSBA website for the latest updates
Sign up for SBA email updates
SBA Seattle District Office site
PPP (Paycheck Protection Program) Overviews at SBA & S. Treasury
SBA PPP Lender Match
Business Impact NW PPP Waiting List (response in 48 hours)