SBA San Diego District Office Updates

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San Diego District Office  

u s small business administration

The San Diego District Office Honors John Engstrom, Business Opportunity Specialist, as he Retires from Federal Service

John Engstrom

Photo left: SBA San Diego District Office, Business Opportunity Specialist, John Engstrom

John Engstrom spent 25 years in the Marine Corps. He enlisted as a Private in 1973. In 1981, he was selected for Gunnery Sergeant and Warrant Officer. In February 1982, he was appointed as a Warrant Officer and subsequently moved into the Limited Duty Officer ranks in 1985. He retired as a Major in May 1998. He amassed eight years, four months, and 15 days sea time on Navy amphibious ships. He saw action in Vietnam, Panama, Honduras, the Gulf War and Somalia.

On December 27, 2016, John Engstrom officially joined the San Diego District Office as a Business Opportunity Specialist.  The San Diego District Office has been honored by John's service as a Business Opportunity Specialist these past years.  

John managed a large 8(a) portfolio, assisting firms to build strong foundations in the federal government marketplace.  A champion of the underserved business community and master of speaking, John recruited many new small businesses for the 8(a) program through his superb outreach efforts.  John also acted as the HUBZone Program Liaison in the San Diego District Office.  John is an exceptional colleague and friend to all.

After 42 years in some type of federal government role, John will be retiring from service. His accomplishments, passion to the work, and strong work ethic will be remembered after his retirement.  We wish John all the best. We will miss you, our friend!  



 

COVID-19 Relief Update-Deadline Soon

eidl

 

Act Now - Economic Injury Disaster Loans (EIDL) are Still Available

GET EIDL INFO

In response to the continuation of COVID-19, small business owners and non-profit organizations can still apply for the COVID-19 Economic Injury Disaster Loan (EIDL) for shortfalls in working capital. This 30-year term loan at a favorable interest rate (3.75% fixed for businesses and 2.75% fixed for nonprofits) has no pre-payment penalty or fees.  There is also an 24-month moratorium on payments; interest does accrue during that period.  

Details on COVID EIDL Deadlines Approaching:

Program

Deadline

COVID-19 Economic Injury Disaster Loan

COVID-19 Economic Injury Disaster Loan applications will be accepted until December 31, 2021. We will continue processing applications after the deadline, including reconsiderations. We are unable to accept new applications after the deadline.

Targeted EIDL Advance

Targeted EIDL Advance applications will be accepted until December 31, 2021. We will continue processing applications after the deadline, including reconsiderations. We cannot accept new applications after the deadline.

Supplemental Targeted Advance

Supplemental Targeted Advance applications will not be accepted or processed after December 31, 2021, including reconsiderations. We strongly encourage eligible small businesses to apply as soon as possible, but no later than December 10, 2021.

  • SBA will accept and review reconsideration and appeal requests for COVID EIDL applications received on or before December 31 if the reconsideration/appeal is received within the timeframes in the regulation. This means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals – unless funding is no longer available.
  • Borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date, or until the funds are exhausted, whichever is soonest.

 


Featured Upcoming Events:


Insurance


Join SCORE San Diego for

Insurance - How to Protect You and Your Business

January 6, 2022, 1:00 p.m. - 2:00 p.m. PST

REGISTER

Live In Person Event   Fee: $25

Every business has certain risks related to its operation. To protect your business and personal assets, insurance coverage is critical. Knowing what type of insurance is required, how much insurance is appropriate, and how to obtain that insurance for your business are the questions this workshop will address.



WBC

 

Join the Women's Business Center for a Virtual Online Marketing Basic Workshop

January 12, 2022, 4:00 p.m. - 5:30 p.m. PST

REGISTER

This workshop will teach you the basics of online marketing such as Google ads, social media advertising like on Facebook and Instagram, search engine optimization (SEO), website and online presence, online reviews, and more. Learn the tactics and strategies you can implement online to gain more clients and traffic to your website.



Business Plan


VBOC

Business Plans In Action

January 18, 2022

9:00 a.m. - 11:00 a.m. PST

REGISTER

 Whether you are launching, expanding or pivoting your business, this deep dive will take you through the process of how to complete each step in the business plan outline. This training by the Veterans Business Outreach Center is designed for veteran/military family entrepreneurs interested in writing a viable business plan that will get you focused in the right direction to capture the attention of investors, partners and lenders. The finished project is also an important operating tool to help you manage your business and enable you to achieve greater success.



SBA’s support of or participation in the above events is not an endorsement of any product, service, or entity.



Find All Upcoming and On Demand Webinars

Several On Demand and Recorded webinars are offered by SBA's resource partner organizations. New and updated webinars are being added regularly. Use the links below to view them all. (Most webinars are free.)

 


Get Updates from the SBA About COVID-19 Support



All SBA programs and services are extended to the public on a nondiscriminatory basis. This email does not constitute or imply an endorsement by SBA of any opinions, products, or services of any private individual or entity.