Register at: https://us02web.zoom.us/webinar/register/WN_ifAFypSVR86v4PJv3edq2Q
The Economic Aid Act, signed into law on December 27, 2020, provided a number of updates to programs administered by the U.S. Small Business Administration’s (SBA) Office of Disaster Assistance, including a deadline extension to the low-interest Economic Injury Disaster Loan (EIDL) and the allocation of $20 billion for a Targeted EIDL Advance Program focused on companies in low-income communities.
The Act also established a $15 billion Shuttered Venue Operators (SVO) Grant program, to support live venues, theaters, museums, etc. that have experienced significant revenue losses with $2 billion reserved for eligible applications with up to 50 full-time employees.
Join representatives from the SBA’s Office of Disaster Assistance and Seattle District office as they review the information currently available on these programs.
If you are unable to attending the live webinar, please register to receive a link to the on-demand video recording of the webinar.
Register: https://us02web.zoom.us/webinar/register/WN_kXWuAjyrRr2SUgKdEzp5Zg.
The $900 Billion Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was signed into law on December 27, 2020, extends the Paycheck Protection Program (PPP) that was created to assist small businesses impacted by COVID-19.
Join representatives from the U.S. Small Business Administration (SBA) and Washington Small Business Development Center (SBDC) as they review everything you need to know about the revised program, including how it affects current and future loans, and how the loan is calculated and forgiven.
Topics Covered:
• PPP Basic Forgiveness Application Information
• PPP Loan Forgiveness Application Required Docs
• Simplified Process for PPP loans under $150,000
• Effect of the EIDL Advance
• Retro-active elements of the new legislation
• What you will need to be most successful in obtaining loan forgiveness
Funding Available Under the Economic Aid Act Webinar
Register at: https://us02web.zoom.us/webinar/register/WN_yK8arHZ4Sjy0EA8hroEgjQ
Don’t miss the Eastside Recovery Hub’s first webinar of 2021 focused on the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was signed into law on December 27, 2020.
Join representatives from the U.S. Small Business Administration (SBA) and Washington Small Business Development Center (SBDC) as they review the new Coronavirus relief provisions available under the Economic Aid Act including the new round of Paycheck Protection Program (PPP) Loans.
Topics include:
• SBA Debt relief and other programs
• EIDL and EIDL Advance
• Special lending accessibility in the new legislation for certain businesses
• Update on how and where to apply for a new or additional PPP
• Allowed uses for the PPP loans
• Eligibility for the PPP, how to prepare and work with your lender
• Key improvements and changes to the PPP
• Preparation for loan forgiveness
• Where to get additional help
Q and A will be covered as time allows – feel free to submit your questions in advance when registering. If you are unable to attending the live webinar, please register to receive a link to the on-demand recording of the webinar.
