SCORE: The New Grant Program for Restaurants & Others, and an Update from the SBA on PP

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The American Rescue Plan provides $29 billion nationwide for a new Small Business Administration (SBA) grant program specifically for restaurants and other food and drinking establishments impacted by the pandemic. Also, the PPP program has been extended, and EIDL & other programs are still available. Attendees will learn: • Who qualifies for the Restaurant Grant …

SBDC: LIVE WEBINAR Applying for Paycheck Protection Program Funds

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This webinar will offer a full review of eligibility requirements for those looking to apply for the first or second draw. With the PPP application deadline extended until May 31, there is still time to apply. The Economic Aid Act (Dec. 2020) expanded uses of funds, and Executive action provided expanded access by modifying the …

Announcement – New Federal Stimulus Package

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Correction: The qualification to secure a second PPP loan was listed as a 30% revenue loss. This was incorrect. Businesses must show a 25% loss in the first, second or third quarter of 2020. The federal government just approved a $900 billion stimulus package to deliver economic relief to small businesses and Americans impacted by …