• Updates and Workshops from SBA about PPP, EIDL, and more

    Updates and Workshops from SBA about PPP, EIDL, and more

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    What you Need to Know about the Next Round of PPP
    The second round of PPP will open to participating lenders and banking institutions soon. The program is available to those that have and have not previously received PPP funds.
    We've outlined the key elements of this second round here. Included in this summary are details on eligibility, use of funds, loan forgiveness and so much more. Read here.
    Have questions? Join us tomorrow, Wednesday, January 13 at 11 am for a webinar that discusses the PPP Forgiveness and Round 2. Register HERE.
    PPP2 - What You Need to Know
    💻 Ask a Business Advisor at our Upcoming Webinar 💻
    In this webinar, Maine SBDC business advisors will answer your PPP questions! Register now, space is limited.
    Wednesday January 13th at 11am.  Register HERE.
    EIDL loan applications will now continue to be accepted through December 2021, pending the availability of funds. These long-term loans are offered with a 3.75% interest rate for small businesses. There is also an optional first payment deferral for one year. Learn more about how an EIDL loan could be a resource for your small business.
    What you should know about the Maine SBDC?
    💻 Upcoming Webinars 💻
    Ask an Advisor: PPP Round 2 & Forgiveness
    January 13, 2021 • 11 am • REGISTER
    In this webinar, Maine SBDC business advisors will answer your questions related to the Paycheck Protection Program. They'll discuss the newly announced second round, as well as info you need to know about the first round and forgiveness.
    Turning Your Side Hustle into a Small Business
    January 19, 2021 • 1 pm • REGISTER
    Starting a business takes a lot of passion, which is why so many businesses are built around something in the business owner's world that brings them joy. But there is a big difference between a hobby and a hustle. In this session, we'll walk you through everything you need to know to get started turning your side hustle into a small business.
    Understanding the Chart of Accounts & Financial Reports in Quickbooks
    January 21, 2021 • 10 am • REGISTER
    Does the balance sheet baffle you? Are you confused about why money in and out does not always match your income statement? In this webinar, we will provide a basic overview of the three major financial reports and why you should use them. We'll discuss how these reports tie to your Chart of Accounts in Quickbooks, why it's important, and when to ask your accountant for help.
    Government Contracting & Selling to the State
    February 18, 2021 • 11am • REGISTER
    Learn the basics of government contracting and what it takes to sell to the Government. Small business owners looking to sell their products and services will learn how to register, see what the government is buying, and much more! Hosted in partnership with Maine PTAC
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    Need help? Connect with a business advisor here.
    Maine SBDC | 800-679-7232 | mainesbdc@maine.edu | www.mainesbdc.org
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