Wednesday, April 8, 2020
Small businesses who are interested in applying for assistance from the SBA and CARES Act programs should first register with the Alabama Small Business Development Center.

Why? 

The Alabama SBDC provides accurate, up-to-date news for small businesses looking to better understand the assistance programs, helps determine which programs best fit their needs, and serves as a resource to help businesses prepare for the application process – free of charge. The Alabama SBDC leverages its connection with the 62 other SBDC programs in the United States to present the actionable intelligence that concerned small businesses demand.

Assistance is available for businesses negatively impacted by the COVID-19 pandemic. Portions of the SBA Disaster Loan and Paycheck Protection Program may be forgivable (no repayment necessary) if the loan proceeds are used on allowable expenses. Live webinars and recorded On-Demand training are available to help small businesses prepare to apply for these programs:

  • Economic Injury Disaster Loan (EIDL) 
  • Paycheck Protection Program (PPP)
  • Small Business Debt Relief Program

Visit asbdc.org for additional information and resources.

If you haven't yet, please consider registering with the Alabama SBDC as mentioned above. We want to make sure you are connected to the proper channels that will provide you the best information!

Please reach out to us with any questions you may have. Let us know how we can help!
Respectfully,
Donna Watts
South Baldwin Chamber of Commerce
Greg Alexander
Coastal Alabama Business Chamber
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