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Beware of Scams and Fraud Schemes
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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 (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.
Report Fraud
Report any suspected fraud to OIG’s Hotline at 800-767-0385 or online at, https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general/office-inspector-general-hotline.
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There is Still Time to Apply for anCOVID-19 Economic Injury Disaster Loan
COVID-19 EIDL Loan Application
APPLY HERE
Reminder! If you are a small businesses, nonprofit organization of any size, or a U.S. agricultural business with 500 or fewer employees that have suffered substantial economic injury as a result of the Coronavirus (COVID-19) pandemic, you can still apply for the COVID-19 Economic Injury Disaster Loan.
Did you take out a Paycheck Protection Program Loan? Here are four steps to apply for forgiveness:
- Contact your lender and complete the form
- Compile documentation
- Submit the forgiveness form and documentation to your lender
- Communicate with your lender throughout the process
Learn more
SBDC Workshop - Year End Tax Planning & Recordkeeping for Small Business
Jim Swiech, CPA, will discuss Year End Tax Planning ideas for businesses. He will also present information about the tax aspects of the CARES Act, Paycheck Protection Program (PPP) Loans and Economic Injury Disaster Loans (EIDL).
Registration for this FREE online program is required to receive a link to the meeting.
When: Wednesday, December 2, 2020
Time: 10:00 am - 11:30 am
Where: Webinar
Click here to register: https://calendar.libraryweb.org/event/6932042
Upcoming Events
SBA's All Small Mentor Protégé Program and Joint Venture Agreements Information Session
Join us for a comprehensive review of the All Small Mentor Protégé Program Including:
*About the All Small Mentor Protégé Program
*Eligibility Requirements
*How to Apply
We will also discuss what you need to know about Joint Venture Agreements such as:
*Definition and Purpose of a Joint Venture Agreement
*Eligibility Requirements for Participants
*Required Content of a Joint Venture Agreement
*How Joint Ventures can take your Small Business to the Next Level
When: Wednesday, December 16, 2020
Time: 10:00 am - 12:00 pm
Where: Webinar
Click here to register: https://www.eventbrite.com/e/sbas-all-small-mentor-protege-program-and-joint-venture-agreements-webinar-tickets-128484411333
For more information contact Jennifer Talarico via email at jennifer.talarico@sba.gov
SBA is seeking public comments on a proposed rule that would revise the small business size standards for businesses in three sectors to increase small business eligibility for loan and contracting programs. Find out how to submit your comments.
Learn more
Top 3 Small Business Holiday Marketing Tips for 2020
With Black Friday, Small Business Saturday, and Cyber Monday in November kicking off the holiday shopping season, now is a good time for small businesses to boost sales. This year, 60% of consumers plan to do half or more of their winter holiday shopping at local retailers. Capitalize on this growth opportunity by using the following marketing strategies this holiday season.
Learn more
Get Free Local Business Assistance
Times are tough for small businesses but SBA is here to help no matter where you are.
SBA's District Offices and Resource Partners like SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers have trained experts who can help you craft a plan specific to your situation and navigate rapid changes in the marketplace.
Find Local Business Assistance near you
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