The CARES Act: How Small Business Majority is helping small business owners in the South Bay

On March 27, Congress passed a $2 trillion stimulus package, the Coronavirus Aid, Relief and Economic Security (CARES) Act. And, last week, Governor Gavin Newsom announced a $50 million cash infusion into iBank for the Small Business Finance Center Program.

Join Small Business Majority, the Silicon Valley Black, the Hispanic and Filipino-American Chambers of Commerce, the Silicon Valley SBDC, Winchester Business Association, Anew America and Silicon Valley SCORE for an interactive webinar on how self-employed, sole-proprietors and small business owners can take advantage of this new federal and state funding.

Topics of discussion include:

• California iBank Small Business Finance Center Program
• Overview of the new Paycheck Protection Program (PPP) available through SBA 7(a) lenders
• What expenses are eligible for loan forgiveness through PPP
• Overview of the Economic Injury Disaster Loan (EIDL), including details about the loan advance offered through the program
• How your local SBDC, WBC and SCORE office can help you prepare to apply for the PPP and EIDL
• Small Business Majority's Lender Checklist, Q&A