WASHINGTON COUNTY CHAMBER OF COMMERCE
Friday, April 3rd, 12:00 p.m.
How to Apply for a Coronavirus Small Business Loan
NFIB will host its fourth COVID-19 webinar on Friday, April 3, 2020, at 12 pm ET, which will focus exclusively on small business loan programs that are now available. SBA disaster loan applications are already being accepted. And starting April 3, 2020, small businesses and sole proprietorships can apply for loans under the Paycheck Protection Loan (PPPL) program. Businesses interested in a PPPL have been advised by the U.S. Treasury Department to apply as quickly as they can because there is a funding cap. During this webinar, NFIB’s experts will provide additional information on the financing options for small businesses and:
- Outline funding sources available with the PPPL loans and SBA disaster loans and compare the two loan programs.
- Discuss the financial statements and other information needed to prepare to apply.
- Include information on how to apply for the two loan programs.
All business owners who anticipate a need for financial assistance during the COVID-19 pandemic should attend.
April 6th, 10:00 a.m.
Advantage Technology Presents: Business Continuity: Make Your Company Resilient in the Face Of Disaster
Computer Backups? Disaster Recovery? Business Continuity? All the same thing, right? Unfortunately, NO.
Many people think having good computer backups IS a disaster recovery (DR) plan, but in reality, backups are just ONE COMPONENT of a complete DR plan. Folks also confuse DR with business continuity (BC), but in practice, a DR plan focuses mainly on restoring an IT infrastructure and operations AFTER a crisis, whereas a BC plan looks at the continuity and operations of the entire organization DURING the crisis.
This is a complex topic, but a very important one, especially in light of current circumstances. According to FEMA, between 40-60% of small businesses that suffer a disaster never reopen their doors, and 90% of small businesses that don’t reopen within five days of the catastrophe fail within a year.
This session will provide business leaders with some actionable steps to develop plans and methodologies to make their organizations more resilient to disasters and unforeseen business interruptions.
LINKS FOR SBA Resources
The Office of Inspector General recognizes that we are facing unprecedented times and is alerting the public about potential fraud schemes related to economic stimulus programs offered by the U.S. Small Business Administration in response to the Novel Coronavirus Pandemic (COVID-19). The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing. CLICK HERE FOR MORE DETAILS
Report any suspected fraud to OIG’s Hotline at 800-767-0385 or online: CLICK HERE
FBI Warning – Beware of COVID-19 Scams:
- Individuals and businesses selling fake cures for COVID-19 online.
- Phishing emails posing as the World Health Organization or the CDC.
- Malicious websites and apps that appear to share virus-related information to gain and lock access to your devices until payment is received,
- Seeking donations for illegitimate charitable organizations.
These scams may come through text messages, phone calls, email messages, etc. Before you act, stop. Ask yourself: Who is this message from?