Description:
This webinar will cover the new Coronavirus relief bill updates to the Paycheck Protection Program (PPP) loan forgiveness application and related instructions.
Representatives from the SBA and the Washington State Small Business Development Center (SBDC) will provide updates on the new PPP loan and loan forgiveness requirements:
Topics Covered:
PPP Basic Forgiveness Application Information
The 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
This webinar will be presented bi-weekly as needed.
Presenters:
Steve Burke, Washington SBDC Certified Business Advisor
Janie Sacco, Marketing and Outreach Specialist, Seattle District Office, U.S. Small Business Administration
Mark Costello, Deputy District Director, Seattle District Office, U.S. Small Business Administration
Instructions:
A Zoom link for the webinar will be sent prior to the event to those who register.
Our Zoom security protocols now require each participant have a Zoom account and be signed into their account from their computer or mobile device. https://zoom.us/
Description:
New Coronavirus relief provisions were signed into law on December 27th, 2020. This training webinar will cover key elements of the legislation with a focus on the new round of Paycheck Protection Program (PPP loans) and the application process:
Covered:
SBA Debt relief and other programs
EIDL & 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
Technical assistance providers for bi-lingual and underserved small businesses are encouraged to attend.
Q and A will be covered as time allows.
This webinar will be repeated bi-weekly as needed.
Presenters:
Steve Burke, Washington SBDC Certified Business Advisor
Janie Sacco, Marketing and Outreach Specialist, Seattle District Office, U.S. Small Business Administration
Mark Costello, Deputy District Director, Seattle District Office, U.S. Small Business Administration
Instructions:
A Zoom link for the webinar will be sent prior to the event to those who register.
Our Zoom security protocols now require each participant have a Zoom account and be signed into their account from their computer or mobile device. https://zoom.us/
This webinar will cover the new Coronavirus relief bill updates to the Paycheck Protection Program (PPP) loan forgiveness application and related instructions.
Representatives from the SBA and the Washington State Small Business Development Center (SBDC) will provide updates on the new PPP loan and loan forgiveness requirements:
Topics Covered:
PPP Basic Forgiveness Application Information
The 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
This webinar will be presented bi-weekly as needed.
Presenters:
Steve Burke, Washington SBDC Certified Business Advisor
Janie Sacco, Marketing and Outreach Specialist, Seattle District Office, U.S. Small Business Administration
Mark Costello, Deputy District Director, Seattle District Office, U.S. Small Business Administration
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
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.
Register at: https://wsbdc.ecenterdirect.com/events/99271293
The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, has released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses
Representatives from the SBA and the Washington State Small Business Development Center (SBDC) will review the PPP Loan Forgiveness regulations and related applications.
This will be a one-hour presentation followed by 30 minutes of Q&A.
Topics Covered:
•PPP Loan Forgiveness Forms
•Changes from to PPP forgiveness application
•Definitions of Payroll Use, Costs, Covered Period & Time Frame
•Definitions of Covered Period
•Self Employed Individuals/Sole Proprietors
•Lender Process for Loan Forgiveness & Safe Harbors
•Documents needed to prove loan eligibility and forgiveness
•Deduction of EIDL Advance from Loan Forgiveness
•Representations, Certifications, Audits, Appeals
Step by Step Examples of the Loan Forgiveness Applications
Presenters:
Steve Burke, Washington SBDC Certified Business Advisor
Janie Sacco, Marketing and Outreach Specialist, Seattle District Office, U.S. Small Business Administration
Mark Costello, Deputy District Director, Seattle District Office, U.S. Small Business Administration
Instructions:
Zoom security protocols now require each participant have a Zoom account and be signed into their account from their computer or mobile device. https://zoom.us/ Test zoom at https://zoom.us/test
A Zoom link will be sent to registered participants before the event.
Our speakers will share the latest PPP Loan updates and will delve into specifics on PPP Loan forgiveness. They will share examples of the forgiveness application forms, borrower documentation requirements, and answers to frequently asked questions about the process.
Last month the SBA launched their PPP Forgiveness application portal for all banks and lenders to get started processing applications for PPP forgiveness. Since that time, lenders have been working hard to build and plan how to integrate with the SBA.
In this webinar, Kristi Dunn, Business Banking Officer of First Federal Savings Bank of Twin Falls will demo their online portal to show you how it works, what you will need, and answer questions that you may have. We will also cover timelines and needed documentation. Before heading to your bank, join us for this informational demonstration.
Special Instructions: Zoom meeting details will be emailed to participants after registration.
