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5 Things About PPP Forgiveness YOU Should Know! |
1. The majority of PPP borrowers in the region are eligible for a simplified loan forgiveness application. Earlier in October, the SBA and Treasury released a simpler forgiveness application for PPP loans of $50,000 or less.
2. The estimated time to complete the simplified PPP loan forgiveness form application (loans $50,000 or less) can be as little as 15 minutes.
3. Businesses still need to document PPP loan money was spent on eligible expenses. Since a key part of forgiveness for PPP loans is using the money for eligible expenses, borrowers still need to provide documentation with the forgiveness application.
4. Borrowers apply for PPP loan forgiveness through their lender, not the SBA. Borrowers can download PPP loan forgiveness applications from https://www.sba.gov/paycheckprotection and submit those and other required information to the lender that provided them with a PPP loan. Check with your PPP Lender, as they may have an automated process for completing your Loan Forgiveness Application.
5. SBA Resource Partners are available to help borrowers through the forgiveness process. The SBA Resource Partner Network – which includes the Small Business Development Center, SCORE Mentors, and the Women’s Business Center – provide one-on-one business advising and technical assistance to small businesses at no- or low-cost.
PPP Loan Forgiveness Overview and Q&A
October 26 | 11:00am CST | JOIN HERE
October 28 | 11:00am CST | JOIN HERE
October 30 | 11:00am CST | JOIN HERE
Please don’t stress! The SBA will walk you Step-By-Step through the Loan Forgiveness Application. We will also discuss important factors and tips you should consider when completing the Loan Forgiveness Application.
Doing Business with Federal Agencies: Navigating the Maze of Federal Contracting
(hosted by the Greater Houston Business Procurement Forum)
October 28 | 11:00am-12:30pm CST | REGISTER HERE
Participating Representatives will discuss how to effectively do business with their Agencies while reviewing available budgets and upcoming business opportunities. Representatives include SBA, GSA, NASA, U.S. Army Corps of Engineers, HUD, U.S. Department of Veteran Affairs, and the UH Procurement Technical Assistance Center.
Meet the Lender
October 30 | 10:00am CST | REGISTER HERE
Are you READY to pursue financing to start or grow your business? Meet 3 SBA approved lending representatives in small break-out sessions. Attendees should be READY to talk to a lender (have a business plan/financials, etc.). This virtual event will provide a stepping-stone to building a business banking relationship. Capacity is limited.
Need help preparing a business plan? Contact an SBA resource partner:
SBDC: 713-752-8444 | SCORE: 713-487-6565 | WBC: 713-681-9232
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Economic Injury Disaster Loan (EIDL) Overview
October 27 | 11:30am CST | JOIN HERE
Has your business been affected by COVID-19? Learn the basics of the Economic Injury Disaster Loan (EIDL), how to apply, and the most frequently asked questions.
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SBA Blueprint to a Successful Business
October 27 | 2:00pm CST | JOIN HERE
October 29 | 2:00pm CST | JOIN HERE
Want to understand how an SBA loan can improve your cash flow and capital? You do not want to miss this webinar! You will also learn how lenders make their loan decisions. All your questions will be answered during the live Q&A.
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Instagram Secrets Revealed by SCORE
October 27 | 10:00am CST | REGISTER HERE
Make Your Digital Marketing More Effective Now! This free webinar will reveal 11 Instagram Hacks, Tips, and Features that everyone should know but probably don’t know exist!
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Federal Grants to Fund your Innovations: SBIR/STTR Information Session
October 27 | 3:00pm CST | JOIN HERE
Did you know $2.5 billion of funding is granted each year to support small business innovation? This webinar will cover the basics of the SBIR/STTR program and the steps on how to fund funding.
Get Help After Disasters from SBA
October 29 | 10:00am CST | JOIN HERE
The SBA offers disaster assistance in the form of low-interest loans to businesses, renters, and homeowners located in regions affected by declared disasters.
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SBA Surety Bond Guarantee Program Webinar
October 29 | 10:00am CST | JOIN HERE
This program can help your small business obtain contract bonds up to $10 million! If you have no prior bonding experience, difficulty qualifying for bonding or want to increase your bond limits join this webinar to learn more!
Recursos Gratuitos para Pequeñas Empresas
29 de Octubre | 10:00am CST | REGISTRARSE AQUÍ
Obtenga información sobre recursos gratuitos para empresarios, incluyendo la planificación empresarial, QuickBooks, contratación, marketing y más.
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Accessing Capital:
Micro and Community Lenders
October 29 | 11:00am CST | REGISTER HERE
Hear directly from micro and community lending organizations to gain an understanding of the loan products and resources they offer to small businesses. Their competitive products can assist you with starting a business or growing your existing business. Session will include live Q&A.
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Q&A with SBA
October 26 | 3:30pm CST | JOIN HERE
Bring your inquiries to SBA. Spend your afternoon talking to SBA Houston District Office, E. Wright. Best customer service around!
Q&A for Veteran Entrepreneurs
October 30 | 2:30pm CST | JOIN HERE
Calling all veterans! An SBA representative will be available to provide you answers to all your small business questions!
SBA Export Loans: Take your Business Global!
November 16 | 10:00am CST | REGISTER HERE
Expanding internationally is a great opportunity for businesses to increase customer base and profits. In this webinar, you will learn about the Export Express Loan, Export Working Capital Loan, and International Trade Loan. Guest speaker: Jeremy Foreman- SBA International Trade Specialist. Session will include Q&A.
USDA, USTR Seek Experts for
Trade Advisory Committees
Members of the Agricultural Policy Advisory Committee (APAC) advise USDA and USTR on operating existing U.S. trade agreements, on negotiating new agreements, and on other trade policy matters. Members of six Agricultural Technical Advisory Committees (ATACs) provide technical advice and guidance on international trade issues that affect both domestic and foreign production in specific commodity sectors. The ATACs focus on trade in: Animals and animal products; Fruits and vegetables; Grains, feed, oilseeds and planting seeds; Processed foods; Sweeteners and sweetener products; and Tobacco, cotton and peanuts.
Click Here for Application Details | Click Here for More Information
DEADLINE: November 13, 2020 | 5PM EST on Nov. 13, 2020
Want to learn more about SBA Programs & Services?
Download the SBA Houston Resource Guide HERE
Questions? Please contact houston@sba.gov
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