About The Webinar

Who is eligible for second draw PPP loans?

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Register Now!
Date: Tuesday, January 26th, 2021
Time: 10am PST / 1 pm EST 
Duration: 1 Hour

Even if you can't make it, sign-up anyway! We'll send you the recording!

Presents COVID-19 SMB Essentials Webinar: 

Copyright 2021 Founders First CDC

 How to Access The New PPP Loans, If You Were Locked Out The First Time

Michelle Brown
Executive Board Member
Quality Interactions
https://www.qualityinteractions.com/michele-courton-brown

The President has signed the stimulus bill in late December that includes additional funding for PPP loans. The SBA has ten days after enactment to issue regulations. It appears business owners may be able to begin applying for new PPP loans sometime in the second week of January 2021. 

We will explain the legislation that includes a new round of Paycheck Protection Program (PPP) loans. The total budgeted amount new PPP loans is just over $284 billion. As with the first round of PPP,  businesses may be eligible for full forgiveness of these loans if proceeds are spent properly within a specific time period

Kim Folsom
Founder & CEO
Founders First CDC & Founders First Capital Partners
https://www.linkedin.com/in/kimtfolsom/

Chris Horton

Jennifer Barnes
CEO & Founder
Optimia Office
https://www.linkedin.com/in/jennifer-barnes-mba-7699504/

Small businesses, nonprofit organizations, veterans organizations, Tribal business concerns, and small agricultural cooperatives that meet the SBA size standards.

Sole proprietors, self employed individuals or independent contractors.

New: Certain small news organizations, destination marketing organizations, housing cooperatives, and 501(c)(6) nonprofits may now also be eligible.

Here's what you'll learn:

Qualifications and how the money must be spent

Where and how to apply

Other pitfalls, details business owners need to know

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Speakers:

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Mack J. Davis III
Senior Vice President
Bank OZK
https://www.linkedin.com/in/mackdavisiii