Navigating SBA Disaster Relief Loans. What does it mean for small businesses?
The SBA is making loans available to small businesses and private, non-profit organizations to help alleviate economic injury caused by COVID-19. Linda A. Collett will be sharing information she’s learned from the Kennesaw State University Small Business Development Center about these loans including how to apply and helpful tips and forms.
- SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
- These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact.
- SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
- SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response.
Linda A. Collett is a business attorney and founder of The Collett Law Firm, a boutique business law firm in Marietta, Georgia. She helps solopreneurs to owners of multi-million dollar companies avoid the stress and expense of legal problems, so they can focus their time, energy, and money on starting, growing, or selling their business rather than responding to legal hassles. One of her specialties is writing contracts in plain English.
During this unprecedented time for businesses, she is focused on making sure that every business owner has the single most important legal document they need during a pandemic. Ask her what it is!
For the past fourteen years Linda has been actively involved in ProWIN. She has served on ProWIN’s Board for over seven of those years, as president in 2013 and 2018, and currently serves on ProWIN’s Advisory Board.
Linda A. Collett
The Collett Law Firm
Important Note: There is no charge to participate in this virtual event, however, you MUST pre-register online via 123 Signup. The Zoom login instructions will be included in the event confirmation email that you’ll receive from 123Signup after completing your event registration.
Cathryn Marshall, MSW
Author, Speaker, Entrepreneur
Cathryn Marshall is an entrepreneur who is known for being a catalyst for positive change in the fitness and business worlds. For over 24 years, she has been committed to changing lives as a leader in the fitness industry and as a networking professional.
Cathryn has been successful at hosting several online businesses. Her Virtual Wealth Online Program has helped several business owners pivot to earn income as well as scale their business. Her online Simple Fat Burn Program has helped over 500 women and men get fit fast and make it last.
She is the author of Amazon’s best-selling book, Simple Fat Burn: Three Steps To Being Fit and Lean. She is a regular guest on NBC’s Atlanta and Company and is the National Director of What Women Want Networking.
Her commitment to helping others succeed in life and her enthusiasm for success is both inspiring and informative. She is the master of simple solutions for immediate results.
Cathryn will be offering conversations to help attendees generate income virtually with services and products. The Virtual Wealth Online kickoff event is on Thursday, April 16 at 6:00pm EST.
Interested in Becoming a Virtual Event Sponsor?
ProWIN is offering the opportunity for members to sponsor any of our virtual events. For a $75 contribution, as a Virtual Event Sponsor, you can market your business with a 3-minute presentation at the event. Additionally, ProWIN will promote your business in our weekly emails for 4 weeks. And, as a special thank you for your support, we will create a Sponsor Marketplace at our next Dunwoody Country Club Luncheon, where you can display your business information. Let ProWIN members know who you are, what you offer, and contact Brenda Paulen to register as a Virtual Event Sponsor.