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Coronavirus: A disaster relief lending webinar

March 16th, 2020

COVID-19 disaster relief lending

Monday, March 23, 2020

10 a.m. to 11 a.m.

 

 

Disaster Relief Lending

·     Definition regarding size of business that qualifies

·     Economic Injury Disaster Loan program

·     Working with the SBA to meet customer needs during this crisis

 

 

The U.S. Small Business Administration announced last week it would provide disaster assistance loans to small businesses affected by the coronavirus (COVID19) outbreak.

 

The SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance for a small business. “These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing,” read a statement from the SBA.

 

Bankers say COVID-19 highlights need for changes to small dollar lending rules

Fed details actions to support business, household credit needs

 

Presenters:

 

Daniel “Dan” Nordberg

Regional Administrator

Region VIII (CO, MT, ND, SD, UT, WY)

U.S. Small Business Administration

 

When: Monday, March 23, 10-11 a.m.

Where: Webinar

Price: $75 members $100 non-members

 

Steve White

Lead Lender Relations Specialist

U.S. Small Business Administration

RSVP here:  https://www.coloradobankers.org/events/EventDetails.aspx?id=1352914&group=