Upcoming
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Don't Miss Out on This Round of Forgivable PPP Loan Funding (February 25, 2021)
Don’t Miss Out on This Round of Forgivable PPP Loan Funding
Deadline for applications: March 31, 2021Thursday, February 25, 2021 | 2:00 – 4:00pm
Register at: https://us02web.zoom.us/webinar/register/WN_z_UXJpRyRIWon_g00-4f9wFor 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. Businesses that received a first round PPP loan last year may also apply for a second loan if they meet specified requirements.
Join representatives from the U.S. Small Business Administration; Business Impact NW, a regional CDFI (Community Development Financial Institution); and Banner Bank to 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.
Speakers
Kristina Hudson, Executive Director, OneRedmond
Roland Chaiton, Sr Vice President, Sr. Loan Officer & Director Strategic Initiatives, Business Impact NW
Janie Sacco, Marketing & Outreach Specialist – Seattle District Office, U.S. Small Business Administration (SBA)
Walter McLaughlin, Senior Vice President & SBA Manager, Banner Bank
Past
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Shuttered Venue Operators Grant, EIDL and EIDL Advance Overview (February 11, 2021)
Thank you for joining us for last week’s webinar. Links to resources and information will be posted shortly. A recording of this webinar can be found below.
Speakers: Kristina Hudson, Executive Director OneRedmond; Mark Costello, Deputy District Director, Seattle District Office, U.S. Small Business Administration (SBA), and Cynthia Cowell, Public Information Office, Field Operations Center – West, Office of Disaster Assistance, U.S. Small Business Administration (SBA)
WEBINAR RESOURCES:
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2020 Tax Update: How the EIDL, PPP, ERTC, PUA and Regional Grants will Affect Your Taxes (February 5, 2021)
Special thanks to our speakers: Cathye Mason from the IRS and Ricky Waldmann, Falco Sult. As we learned, we are still awaiting final IRS guidance on the Employee Retention Credit. The following is the link to the FFCRA Leave Credit Overview that Cathye referenced in her update.
2020 TAX UPDATE WEBINAR RESOURCES:
OTHER RESOURCES:
- IRS Latest News Releases and Corona Tax Relief Overview
- IRS Employee Retention Credit (ERC) Release
- Employee Retention Credit Overview and FAQs – outdated at this time
- IRS Earned Income Tax Credit (EITA) Overview & EITA Eligibility Assistant
- Family First Coronavirus Response Act (FFCRA) – Tax Credits for Required Paid Leave and Leave Credit Reference Sheet
- Form 941-X from the IRS – Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund
SPEAKERS & CONTACT INFO:
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- Kristina Hudson, kristinah@oneredmond.org, Executive Director, OneRedmond
- Ricky Waldmann, rickyw@falcosult.com, Senior Tax Manager, Falco Sult
NOTE: Please contact Ricky with follow up questions - Cathye Mason, Stakeholder Liaison, Internal Revenue Service
FREE BUSINESS ASSISTANCE AVAILABLE:
- OneRedmond’s Group Health Insurance partner Business Health Trust in partnership with the Seattle Chamber’s REACH program is sponsoring Free CPA Help for small businesses needing assistance to make the best use of the Employee Retention Tax Credit and Payroll Protection Program (PPP) second draws for 2020 and 2021. Email leighj@seattlechamber.com and she will connect you with a CPA.
- SBDC East King County Advisor, Mari Wruble
- Small Business Development Center (SBDC) Business Advisors
- (Re)Start425 Business Response Team
- Technical Assistance for Non-English Speakers
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Navigating the Updated PPP Forgiveness Process (January 27, 2021)
This was 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.
Representatives from the U.S. Small Business Administration (SBA) and Washington Small Business Development Center (SBDC) review the new Coronavirus relief provisions available under the Economic Aid Act including the new round of Paycheck Protection Program (PPP) Loans.
PPP FORGIVENESS WEBINAR RESOURCES:
OTHER RESOURCES:
- SBA 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
- SBA Debt Relief Programs
- Link to PPP Forgiveness Application Forms
SPEAKERS & CONTACT INFO:
- Kristina Hudson, kristinah@oneredmond.org, Executive Director, OneRedmond
- Mark Costello, costello@sba.gov, Deputy District Director – Seattle District Office, U.S. Small Business Administration (SBA),
- Steve Burke, Washington@wsbdc.org, (833) 492-7232, Western Washington Regional Manager, Small Business Development Center (SBDC),
- Janie Sacco, sacco@sba.gov, Marketing & Outreach Specialist – Seattle District Office, U.S. Small Business Administration (SBA)
FREE BUSINESS ASSISTANCE AVAILABLE:
- Small Business Development Center (SBDC) Business Advisors
- SBDC East King County Advisor, Mari Wruble
- (Re)Start425 Business Response Team
- Technical Assistance for Non-English Speakers
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Funding Available Under the Economic Aid Act Including PPP (January 21, 2021)
Thank you for participating in last week’s webinar that reviewed the updates and new federal coronavirus relief programs available as part of the Economic Aid Act. We would like thank our speakers from the SBA & SBDC for providing us the most up-to-date information available on these programs.
ECONOMIC AID ACT WEBINAR RESOURCES
OTHER RESOURCES
- SBA website for the latest updates
- Sign up for SBA email updates
- SBA Seattle District Office site
- PPP (Paycheck Protection Program) Overviews at SBA & U.S. Treasury
- PPP Lender Match
- SBA Debt Relief Programs
- Shuttered Venue Operators Grant
- EIDL (Economic Injury Disaster Loan) Advance & Loan
- Employee Retention Tax Credit – IRS Overview & FAQ
SPEAKERS & CONTACT INFO
Kristina Hudson, kristinah@oneredmond.org, Executive Director, OneRedmond
Mark Costello, mark.costello@sba.gov, Deputy District Director – Seattle District Office, U.S. Small Business Administration (SBA)
Steve Burke, Washington@wsbdc.org, (833) 492-7232, Western Washington Regional Manager, Small Business Development Center (SBDC)
Janie Sacco, janie.sacco@sba.gov, Marketing & Outreach Specialist – Seattle District Office, U.S. Small Business Administration (SBA)
FREE BUSINESS ASSISTANCE AVAILABLE
- Small Business Development Center (SBDC) Business Advisors
- SBDC East King County Advisor, Mari Wruble
- (Re)Start425 Business Response Team
- Technical Assistance for Non-English Speakers
Community Partner Webinars
photo credits this page: Green Rubino