In this newsletter, you can learn more about:

COVID-19 EIDL provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue.

• Businesses can receive funds which can be used for normal operating expenses and working capital
• Interest rates are fixed at 3.75% for small businesses and 2.75% for nonprofits
• The loan term is 30 years with no pre-payment penalty or fees 
• Apply early, the last day for SBA to approve applications is Dec. 31, 2021

Visit sba.gov/eidl

On Wednesday, Sept. 8 from 2 – 3:30 p.m. SBA representatives will speak about the COVID-19 EIDL, Targeted Advance and Supplemental Advance programs and will walk you through how to submit an application. Pre-registration is required because the webinar will have live translation into the following seven languages, click a link below to read more about the event in that language: 

View more event information

Applicants for the COVID-19 EIDL are required to submit a signed and dated IRS Tax Authorization From 4506-T. Many applicants have run into problems because they’ve filled out the 4506-T incorrectly. Below are our top three tips to get it right the first time:

1. Use the right form. Confirm you are using the March 2019 version available on the SBA.gov website: 4506-T.
2. Have a copy of your 2019 Federal Tax Return Available. The information on the 4506-T must match your 2019 tax return exactly. 
3. Sign and date your form. The 4506-T is only valid for 120 days after you’ve signed it, don’t delay in sending it in.

Get the full tips and instructions

Friday, Sept. 3

10 a.m. | Get Started

10 a.m. | New Updates to PPP Loan Forgiveness Instructions

2:30 p.m. | Creating a Career & Life Portfolio 

Tuesday, Sept. 7

8:30 a.m. | Grow with a Pro (Banking Professional) *

Wednesday, Sept. 8  

8 a.m. | How to Get a Business Loan

10 a.m. | Stay at Work Program Webinar

2 p.m. | Funding Still Available: SBA EIDL Program Update

4 p.m. |Navigating the New Normal: How to Set Boundaries and Advocate for Yourself

Thursday, Sept. 9

10 a.m. | The Basics of Child Support for Employers

11 a.m. | Are You Ready to Start a Business?

11:30 a.m. | Business Expert Session: Farm Bookkeeping, Deeper Dive: Entering Online or Market Sales

12 p.m. | Let’s Talk Business: Dollars & Sense, Using Your Numbers as a Business Growth Strategy

1 p.m. | Employer Incentive Programs: How to Apply for Reimbursement

1:30 p.m. | Understanding the Changes in Agricultural Overtime Laws

5 p.m. | An Introduction to Trademarks

5:30 p.m. | Coeur d’Alene, ID – Marketing Strategy for Profit

Monday, Sept. 13

1 p.m. | Creating A Quick Business Plan in Three Hours

Tuesday, Sept. 14

8 a.m. | Tax and Business Basics for Small Businesses in Idaho

8:30 a.m. | Grow with a Pro (Accounting Professional) *

10 a.m. | Why Export? Stories from Women Who Went Global

11 a.m. | Food Business Orientation

1:30 p.m. | Employer Guide to Workers’ Rights

Wednesday, Sept. 15 

10 a.m. | Virtual Grow & Thrive (8-week Series)

11:30 a.m. | Business Expert Session: Food Biz Resources to Grow, Make Connection, and Find Market Opportunities 

1 p.m. | Marketing Part 1: Developing and Promoting Your Product or Service to Sell More

2 p.m. | Get Started

2 p.m. | Isolated Worker Protections

Thursday, Sept. 16

9 a.m. | Small Business Requirements and Resources – Grow Your Business in WA

10:30 a.m. | Overtime Exemptions Training Sessions

11 a.m. | From Email to Social Media: Marketing that Converts

5:30 p.m. | Coeur d’Alene, ID – Managing Your Business Financials for Profit

Article Source: https://content.govdelivery.com/accounts/USSBA/bulletins/2efa154