Mon, 03/15/2021 - 12:23pm tim
Vermont Business Magazine The US Small Business Administration announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022. This includes Vermont.
• All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note.
• All SBA disaster loans made in calendar year 2021, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 18-months from the date of the note.
Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment period was subsequently extended through March 31, 2021. An additional 12-month deferment of principal and interest payments will be automatically
PPP workshop cosmetologists, tattoo artists & body piercers, March 19 vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
PPP Workshop For VT Cosmetologists, Tattoo Artists & Body Piercers
Are you a sole proprietor, independent contractor, or self-employed? Have you applied for an SBA Paycheck Protection Program (PPP) forgivable loan? Learn more about the SBA’s new formula for Schedule C filers to receive more financial support. But the March 31st approval deadline is quickly approaching!
Vermont personal care providers, please join the SBA Vermont District Office on Friday, March 19th at 9:00am for a FREE webinar on how the PPP program works and how you may qualify for more funds under new formula changes for IRS Form 1040, Schedule C filers. Need application assistance? Learn about available technical assistance supports from Vermont’s SBA Resource Partners.
PPP Forgiveness Webinars Tuesdays
The SBA Vermont District Office hosts free webinars from 11:30 a.m. to 1 p.m. Tuesdays about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more.
To access the webinar, click here.
To access the webinar by phone, call 202-765-1264 and enter code 986 011 495#.
For more information, email susan.mazza@sba.gov.
PPP First & Second Draw Webinar Wednesdays
The SBA Vermont District Office hosts free webinars from 9 a.m. to 10:30 a.m. Wednesdays about the Paycheck Protection Program First Draw and Second Draw options. What is a PPP loan, terms, eligibility, and the application process. What is the difference between them? What has changed with the Economic Aid Act? Details on both programs will be presented.
Identify a loan:
- First Draw PPP Loans: For those who have not received a PPP loan before, First Draw PPP Loans are available.
- Second Draw PPP Loans: For those who have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan.
PPP Forgiveness Webinars Tuesdays
The SBA Vermont District Office hosts free webinars from 11:30 a.m. to 1 p.m. Tuesdays about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more.
To access the webinar, click here.
To access the webinar by phone, call 202-765-1264 and enter code 986 011 495#.
For more information, email susan.mazza@sba.gov.