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Good Morning,

The Maricopa SBDC has partnered with the Peoria Chamber of Commerce to help you secure relief funding to support your business. We are here to help you obtain the Paycheck Protection Program (PPP) loan by assisting you in calculating your eligible amount, applying, and securing funds.

The PPP is a forgivable loan designed to provide a business with assistance in paying payroll, utilities, mortgage interest, and rent costs. From now until Tuesday, March 9th at 3 pm MST, the SBA allows business owners with fewer than 20 employees to apply with special rules. Eligible PPP recipients include:

Sole proprietors, independent contractors, and self-employed persons (New calculation available for this group using the business owner's Schedule C Form 1040 line 7 gross income)
Any business owners who have had past non-fraud felony convictions, outstanding or delinquent student loan debt, and/or is a non-citizen status but is a lawful U.S. resident and has an Individual Taxpayer Identification Number (ITIN) are encouraged to apply
Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or tribal business concern
Note: Those who were denied in the past might be considered for funding during this period

More information can be found here.

You can access PPP applications for the First Draw and Second Draw loans.

If you would like PPP assistance, please contact the SBDC to request counseling, and we would be happy to help you!

Thank You,

Our offices are virtually open. We are here to help, so don't hesitate to call or email. We can meet with you via Zoom teleconference, phone, or another virtual channel. Please be aware that we're receiving more inquires than usual so our response time might take longer than usual.

"COVID-19 Small Business Resources" webpage; COVID-19 SBA Disaster Loan Application

Beginning today, February 24th through Wednesday, March 10th, the SBA will offer PPP loans only to businesses with 20 or fewer employees, independent contractors, and sole proprietors. This is an effort to support more underserved small business owners (e.g. women, minority, immigrant) that have had difficulty obtaining funding. While more guidance is expected to be released, the PPP formula for sole proprietors, independent contractors, and self-employed individuals is expected to be changed. You can learn more about these changes through this link: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-3


SBDC - PPP Business Loan Assistance
2021 Events Update 2021 EVENTS UPDATE This year Covid has allowed us to explore the digital opportunities that Zoom has to offer as we have transitioned several of our event series to virtual. We will continue to use Zoom as we start out 2021 for our weekly events: Coffee for Closers and Marketing Monday. As we move forward into March, we will be bringing back several of our live events. Live events will be limited to 50 in attendance, temperatures will be taken prior to entrance, and will require you to wear a mask. We want to provide you with an opportunity to network your business and continue to meet each other as our chamber has grown immensely even through these hard times. Chamber Social Media Stay in the loop with our Chamber social media channels! Facebook Instagram Twitter LinkedIn Contact Us We are here for YOU! (623) 979-3601 CONTACT THE TEAM	Community News & Events Good Morning, The Maricopa SBDC has partnered with the Peoria Chamber of Commerce to help you secure relief funding to support your business. We are here to help you obtain the Paycheck Protection Program (PPP) loan by assisting you in calculating your eligible amount, applying, and securing funds. The PPP is a forgivable loan designed to provide a business with assistance in paying payroll, utilities, mortgage interest, and rent costs. From now until Tuesday, March 9th at 3 pm MST, the SBA allows business owners with fewer than 20 employees to apply with special rules. Eligible PPP recipients include: Sole proprietors, independent contractors, and self-employed persons (New calculation available for this group using the business owner's Schedule C Form 1040 line 7 gross income) Any business owners who have had past non-fraud felony convictions, outstanding or delinquent student loan debt, and/or is a non-citizen status but is a lawful U.S. resident and has an Individual Taxpayer Identification Number (ITIN) are encouraged to apply Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or tribal business concern Note: Those who were denied in the past might be considered for funding during this period More information can be found here. You can access PPP applications for the First Draw and Second Draw loans. If you would like PPP assistance, please contact the SBDC to request counseling, and we would be happy to help you! Thank You, Our offices are virtually open. We are here to help, so don't hesitate to call or email. We can meet with you via Zoom teleconference, phone, or another virtual channel. Please be aware that we're receiving more inquires than usual so our response time might take longer than usual. "COVID-19 Small Business Resources" webpage; COVID-19 SBA Disaster Loan Application Beginning today, February 24th through Wednesday, March 10th, the SBA will offer PPP loans only to businesses with 20 or fewer employees, independent contractors, and sole proprietors. This is an effort to support more underserved small business owners (e.g. women, minority, immigrant) that have had difficulty obtaining funding. While more guidance is expected to be released, the PPP formula for sole proprietors, independent contractors, and self-employed individuals is expected to be changed. You can learn more about these changes through this link: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-3
PEORIA CHAMBER NEWSLETTER.2020 - SBDC - PPP Business Loan Assistance

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