Apr 6, 2021

PPP Loan Second Wave — Hands-on help for small businesses

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Join New York Times bestselling author and entrepreneur, Nely Galán, and a panel of experts from the US Small Business Administration (SBA) for a hands-on working session and live Q&A showing women how to connect to COVID-19 financial relief and resources at the federal and state levels. 

Entrepreneurs, small business owners, freelancers and anyone with a side gig. This financial relief is not just for small business owners! Whether you’re a gig worker, a sole proprietor, or self-employed, this is for you. Nely and the SBA team will give you detailed hands-on instructions, and tips and tricks to help smooth the way.

PPP (Paycheck Protection Program) Second Draw Loans are government-guaranteed, forgivable loans for qualifying small businesses. They can be used to pay for certain business expenses, including payroll costs, benefits, and much more. But time is running out to apply! You must apply for a PPP Second Draw Loan by May 31, 2021. Learn more about PPP Second Draw Loans here. 

  1. Who is eligible for PPP Second Draw Loans and 

  2. How much you can apply for

  3. What you can use the money for

  4. How to fill out the application — line by line. Download your copy here so you’re ready.

  1. EIDL (Economic Injury Disaster Loan) and Targeted EIDL Advance updates. Get the latest updates on EIDLs, which provide businesses in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. You don’t need to take any action on this. The SBA is reaching out to those who qualify.

  2. Shuttered Venue Operators Grants (SVOG). This grant provides emergency assistance for eligible venues affected by COVID-19. Find out if you’re eligible and how to apply. Note: The deadline to apply was for an SVOG was April 8, 2021.

Disclaimer


Lavall Chichester
Written by
Lavall Chichester
Lavall Chichester is an AdAge 40 under 40 award winner and a Growth Marketing expert. He has deep experience in fintech and other industries. He has written for Forbes, AdWeek, TheNextWeb, eMarketer, and others. He is a second-degree black belt, a bare-knuckle Karate champion, and a proud father.
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