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This 30 minute recording will discuss options and tips for a small business to get disaster assistance working capital. This information is as of today, knowing that information is changing. That said, this is a great option to get an overview of how to apply for the SBA Disaster assistance and other local options.
Registration is required to receive the link to the recording
Covid-19 public health measures are impacting the small business community. This webinar will review the capital options that exist as of today and review what help is out there for small business owners. Come learn about:
- SBA Disaster Loans
- Traditional Capital
- State Loan Guarantee
- Guidance on how to get capital
Pre-registration is required to receive the link
Update on CARES (Federal Stimulus) Act
The SBA Economic Injury Disaster Loan (EIDL) has been available since the disaster was declared in California. If you have completed an application, it is still in process and there is nothing else you need to do. If you have not, the new application has been simplified. The webinars above will show the new process. In addition, this is the process to request your $10,000 advance on your EIDL assistance.
The Paycheck Protection Plan (PPP) is a new program with the act. The application process is being developed and will come out in first part of April. The on-demand webinar provides some basic information on this loan.
All of us at the San Diego & Imperial SBDC Network know this public health crisis is hitting you, the small business owner, very hard. Know we are here to help. We are still providing all our services, just online. You can still visit www.SDIVSBDC.org and click "request counseling" to get assistance. We are here to help you apply for capital and work through the ways you now have to pivot to get through this time where we all have to be physically distant from one another.
Make sure you watch out for scams and predatory lending. During times of crisis, it is hard to take the time to verify what are real and legitimate options. That is why we are here to help you - as always, our business counseling is free to you.