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Cal Poly San Luis Obispo
Central CA Network
Host and SBDC director, Kelly Bearden provides details on closure of the Paycheck Protection Program [PPP] to all lenders who are not Community Development Financial Institutions [CDFIs], and how underserved businesses may still apply for the remaining $8 billion in PPP until May 31. He also reviews the $28.6 billion Restaurant Revitalization Fund [RRF] and what the data from the 10 days since the portal opened reveals.
Additional topics include PPP forgiveness, the $16 billion Shuttered Venue Operators Grant Program, two COVID-19 related tax credits for small and medium-sized business, the Employee Retention Tax Credit, changes to the EIDL program including the Supplemental Targeted Advance and more.
This marks the 61st in the weekly “Webinar Wednesday” series that provides pandemic relief updates on available federal, state, and local funding options, tax credit programs, employee programs, and other opportunities helpful to employers and business owners.
The SBDC is open for free one-on-one consulting to help small business owners. New and existing businesses can sign up for assistance by clicking here.
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration and a Grant with the Governor’s Office of Business and Economic Development. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA or the Governor’s Office of Business and Economic Development. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the California SBDC closest to you.