MBDA COVID-19 Project Hosts Webinar on PPP Round 2

Columbia, SC (February 8, 2021) – The MBDA COVID-19 Project invites all small business owners to participate in its free webinar, PPP Round 2 Update. This online event, scheduled for Tuesday, February 16th at 4 pm, is geared to small and minority-owned businesses. There will be special attention given to businesses with employees.

The CARES Act provides $325 billion for small business relief. At least $25 billion is being set aside for Second Draw PPP Loans to eligible borrowers. This event will discuss how to apply for the first and second rounds of the forgivable loans.

Speakers and topics include: 

• Matthew Cox, Smith Currie law firm – PPP Rules & Regulations
• David Sharp, UP Community Fund – Tax Implications & How to Get Ready
• Dominick Mjartan, OPTUS Bank – Bank Application Process & Pitfalls to Avoid that Delay Processing

Sandra Bell, Project Director of MBDA COVID-19 Project says, “Whether your business was profitable or not, to grow in 2021, you need to have cash ready for everyday operations, to take advantage of new opportunities, and to combat unexpected risks.

If COVID-19 has taught us anything,” she continues, “it’s to expect the unexpected. That’s why we are asking minority business owners, especially those who have experienced at least a 25 percent decrease in business, to join us to get more information on how the PPP loans can help sustain and even grow their business.”

The webinar will provide comprehensive information about who qualifies, what is needed to apply, and acceptable uses of the funds.

To register, go to columbiambdacenter.com or https://us02web.zoom.us/webinar/register/WN_bN96GjnJQ2ibvIDL7nrcHg