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Do you have questions regarding the SBA Economic Injury Disaster Loan (EIDL) application process, appeals and reconsideration, increases and Advance grants?
Join representatives from the SBA’s Seattle District Office for the latest information including tips and guidance for navigating the reconsideration process if your application is declined or withdrawn, requesting a loan increase (up to new $2 million cap), and applying for the EIDL Advance grants.
We will host a Q&A session as time allows – feel free to submit your questions in advance when registering. If you are unable to attend the live webinar, please register to receive an email link to the recording.
Register here: https://pxlme.me/EIDLupdate2
We will provide simultaneous interpretation to assist non-English speakers. Indicate language preference when registering.
Small businesses and nonprofits still have time to apply for long term 30-year, low interest loans and small grants through the SBA’s Economic Injury Disaster Loan (EIDL) Program.
Join representatives from the U.S. Small Business Administration (SBA) as they provide updates and share everything you need to know about these EIDL programs. Translated versions of the EIDL application will also be available for notetaking during the webinar.
General EIDL Program Overview:
- 30-year loans for up to $500,000 at a 3.75% fixed interest rate (2.75% for nonprofits) with no pre-payment penalty
- Two grant programs, the $10,000 – Targeted EIDL Advance and the $5,000 -Supplemental EIDL Advance are earmarked for businesses in low-income communities. To be considered for these grants, an organization must apply for a loan. Organizations can be awarded grants even if they are denied a loan or decide not to accept it
Expected updates to the EIDL Program include:
- Raising the maximum loan amount from $500,000 up to $2 million while also increasing the aggregate loan cap up to $10 million
- A waiver of affiliation rules (that mirrors that of the Paycheck Protection Program)
- Funds can now be used to pay down prior commercial debt and make monthly payments towards federal debt (including principal and interest payments)
We will host a Q&A session as time allows – feel free to submit your questions in advance when registering. If you are unable to attend the live webinar, please register to receive an email link to the recording.
Register here: https://pxlme.me/trainer2
The purpose of this webinar is to “train the trainer” in an effort to help as many businesses and nonprofits as possible access Economic Injury Disaster Loan and grant (EIDL) funds, particularly those that have been traditionally underserved and underfunded. A representative from the Small Business Administration (SBA) will orient organizations to the EIDL program so that they can provide information and assist their constituents.
This webinar will cover:
- Important updates to the EIDL program
- Commonly asked questions, and areas where applicants are having trouble
- Information that applicants need to provide as part of the application process
EIDL applications must be submitted in English which can be a barrier for many applicants for whom English is a second language. Simultaneous interpretation for this webinar will be provided in Arabic, Chinese, Korean, Russian, Somali, Spanish, and Vietnamese. Please indicate your language preference on the registration form.
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.
Thursday, February 4, 2021 | 2:00 – 3:30pm
Register at: https://us02web.zoom.us/webinar/register/WN_9Aafg1jWRP28Yfl659gcAw
This year, your taxes are likely going to look a little different than they normally do. Last year, a lot of new programs were created to help small businesses. This means you’re most likely going to deal with situations you’ve never seen before including forgiven loans, grants, and unemployment benefits.
The Economic Aid Act passed on December 27, 2020 also extended the Employee Retention Tax Credit (ERTC) created under the CARES Act to include employers that received PPP loans, so any employer meeting ERTC eligibility criteria can now benefit.
Join us for this week’s Eastside Recovery Hub Webinar featuring representatives from the IRS and Falco Sult to learn more about how the different programs will impact your business taxes.
Speakers
- Kristina Hudson, Executive Director, OneRedmond
- Cathye Mason, Stakeholder Liaison, Internal Revenue Services (IRS)
- Ricky Waldemann, CPA, CVA, MPAcc, Senior Tax Manager, Falco Sult
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
