WBO-PGC Events & Information
Economic Injury Disaster Loan Program Reopened - 6.15.20
To further meet the needs of U.S. small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19 today. Click the link above to apply.
PayPal Commits $530 Million to Support Black Businesses
In an effort to "strengthen minority communities and fight economic inequality, PayPal has created initiatives that build on the extensive financial health and small business empowerment programs PayPal already supports. PayPal has established a $10 million fund for empowerment grants to Black-owned businesses impacted by COVID-19 or civil unrest, providing direct support to business owners to cover expenses related to stabilizing and reopening their businesses. Managed in partnership with Association for Enterprise Opportunity, interested businesses can apply for a grant at aeoworks.org/paypalgrant/.
Paycheck Protection Program (PPP)
If you have taken out a PPP Loan, you will want to familiarize yourself with this information. If you have not applied, do so ASAP. For more information, visit SBA.gov. To apply for forgiveness of your PPP loan, you must complete the application as directed and submit it to your Lender (that is servicing your loan). Borrowers may also complete this application electronically through their Lender.
CLICK HERE TO ACCESS THE APPLICATION.