URGENT OPPORTUNITY TOMORROW
IMMEDIATE FUNDING OPPORTUNITY FOR PAYCHECK PROTECTION PROGRAM: Black Business Investment Fund (BBIF) HAS GENEROUSLY OFFERED TO ASSIST THE CHILDCARE COMMUNITY
Please note: This funding opportunity is open to
Child Care Providers
This new round of funding will be depleted very quickly. We are offering you an opportunity to work directly with BBIF to submit an application for the Paycheck Protection Program. I have attached a link to all the necessary documents. Go to the application link, start with the PPP Checklist to review the required documents and start the application process NOW. Join us on
tomorrow, Saturday May 2nd at 3pm for a BLI ZOOM Virtual Meeting. BBIF representatives will walk us through the loan process followed by Q&A. BBIF will also respond to BLI applicants through email or phone and you will have a direct regional contact.
To qualify you must certify payroll expenditures. Home based owners as sole employees can apply. If you do not have 2019 formal tax documents then 2019 documents certifying payroll, IRS Forms 940 /941, payroll records such as quarterly payroll statements and taxes paid to employees on a quarterly basis will suffice.
This program is available for nonprofits, home based and center based childcare operations. Review your qualifications on the checklist that is included in the link below. We cannot guarantee loans as if you turn in an application that is incomplete, missing documents or inaccurate you will not get into the automated system or will get declined. These funds will be
dispersed on a first come basis. We have been advised that you should apply by Monday as these funds will be depleted quickly.
Those who have gone through BLI programming should have your financials in order. Once you apply or if you need special attention let our office know and we will forward your name and contact information directly to BBIF to be assured you get the attention you need.
I have personally reviewed the application forms and they are simple: (See LINK below)
1) PPP Borrower Application Form (4 pages)
2) Beneficial Ownership Certification Form (5 pages)
3) PPP Loan Worksheet (1 page)
Two other documents include PPP Checklist and Maximum Loan Calculator to help you complete your loan process. Please start with the PPP Checklist to be sure you qualify. Then complete the documents to the best of your ability prior to our ZOOM Virtual Meeting on Saturday at 3pm so you can ask questions directly to BBIF representatives. See link below to start process.
Business Leadership Institute Early Learning, Inc.
About BBIF Florida (BBIF):
BBIF is Florida’s leading non-traditional lender and financial management
consulting provider. As a non-profit, Community Development Financial
Institution (CDFI), BBIF specialize in bridging the gap between black, minority
and underserved businesses, and the money and education they need to reach
their economic potential.
“BBIF’s 30+ years of dedication to the growth and development of black and minority communities cements its position as the largest and strongest minority led Community Development Financial Institution in the state of Florida.” Inez Long, President & CEO