Guidance Available on COVID Relief Grant Program
The South Carolina Department of Administration and Guidehouse will be conducting a webinar on Wednesday, Oct. 28, from 3 to 4 p.m., to provide guidance and answer questions on the application process for the Minority and Small Business Relief Grant Program.
Agenda topics will include:
- Program Background
- Eligibility Requirements
- Required Documentation
- Grant Program Timeline
- Overview of Evaluation Process
- Calculation Worksheet Walkthrough
- Application Portal Walkthrough
- Available Resources
- Question/Answer Session
If you are interested in attending, please follow the link below to register. Once registered, you will receive a calendar invitation with the link to join the webinar. Please share this meeting invitation with those who may be interested in attending as well. The meeting will have a limit of 3,000 participants, but if this number is exceeded and participants are unable to join, a recording of the session will be posted to the accelerateSC website.
Business Information Session for Rural Entrepreneurs
On Thursday, Oct. 29, at 11 a.m. , join a live event for rural businesses, industry leaders, and entrepreneurs. The one-hour interactive call will feature experts from the Small Business Administration, USDA Rural Development, and USDA Farm Service Agency. Attendees will hear about rural-focused programs and recovery resources available through these government agencies. Time will be allotted for questions from the audience.
Register in advance to receive a call at 11 a.m. on Oct. 29 or dial 833-380-0652 at 11 a.m. to join the call.
"Are You Ready To Start A Business?"
Webinar SCORE Business Mentor
Wednesday, November 4, - 11:30 a.m.
Veterans/ Service-Disabled Veteran Small Business Virtual Contracting Forum
Thursday, November 12, 2020 – 9 a.m.
Simple Forgiveness Form for PPP Loans Under $50,000
The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars.
SBA and Treasury have also eased the burden on PPP lenders, allowing lenders to process forgiveness applications more swiftly.
SBA began approving PPP forgiveness applications and remitting forgiveness payments to PPP lenders for PPP borrowers on October 2. SBA will continue to process all PPP forgiveness applications in an expeditious manner.
- Click here to view the simpler loan forgiveness application.
- Click here to view the instructions for completing the simpler loan forgiveness application.
- Click here to view the Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less.
Forgiveness applications are submitted directly to your PPP lender for processing.