Kim Thatcher

UPDATES FOR the Payroll Protection Program for small businesses
 February 2021
 

UPDATES FOR the Payroll Protection Program for small businesses (20 or under employees) and Child care providers – please share:


NEW! Small business with 20 or under employees — available Feb. 24-March 10, 2021:

In order to reach the smallest businesses, SBA will offer Paycheck Protection Program loans to businesses with 20 or less employees and sole proprietors only from Wednesday, February 24 through Wednesday, March 10, 2021. President Biden has also announced additional program changes to make access to PPP loans more equitable.

Paycheck Protection Program (PPP):

  1. Find a lender:
  2. Identify a loan:
    • First Draw PPP Loans:  If you have not received a PPP loan before, First Draw PPP Loans are available to you.
    • Second Draw PPP Loans:  If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan.

NEW! Child Care Providers

How to Apply for the Paycheck Protection Program (PPP) — A Workshop targeted for Child Care Providers

When:  Thursday, February 25, 2021 7:00 pm - 8:30 pm PT (90 minutes, including breakout session)

Registration Link: https://www.eventbrite.com/e/child-care-providers-how-to-apply-for-the-paycheck-protection-program-registration-142032660511

Join this webinar specifically designed for childcare providers in Alaska, Idaho, Oregon and Washington.

There will be a breakout sessions for each State and one is Spanish. Participants will:

  1. Learn about eligibility guidelines
  2. Get advice on how to ensure the PPP application process goes smoothly;
  3. Hear from a peer childcare provider who benefitted from a PPP loan; and
  4. Have the opportunity to get questions answered from lenders and technical assistance providers.

The March 31st approval deadline is quickly approaching — don't miss your opportunity to apply for this important financial support!

Who Should Attend:  Childcare providers, Childcare Resource & Referral Organizations, Small Business Development Centers, Small Business Lenders, Government Agencies.


Need PPP assistance? Contact [email protected]

Thank you,

Jody

Jody Christensen
Regional Solutions: Mid-Valley Region
Office of Governor Kate Brown
503.559.0382
[email protected]


Signature

Senator Kim Thatcher
Senate District 13
[email protected]
503-986-1713

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