North Coast Small Business Pandemic Update
News
The Paycheck Protection Program to reopen for applications through August 8.

As of the original closing date - Tuesday, June 30 -, the Paycheck Protection Program had $135 -140 billion left.

The new Prioritized Paycheck Protection Program Act (P4) extends the window for business owners to apply for PPP loans to August 8, 2020. We are all awaiting further instructions from the SBA and U.S. Treasury.

In addition to the extension, P4 will decouple PPP from SBA's 7(a) lending program and MAY allow some small business borrowers to apply for a second PPP loan.

Not all lenders will choose to participate. Please visit the SBA's PPP Lender Search Tool or contact your SBDC if you need help finding a lender accepting P4 applications.
PPP Forgiveness Calculator

Here's a useful free Paycheck Protection Program Loan Forgiveness Calculator from the AICPA (American Institute of Certified Public Accountants).
SPECIAL OFFERING
How to Grow Sales in International Markets by Developing an Effective Digital Strategy (7/15)


THIS IS YOUR CHANCE TO FIND OUT HOW TO GROW SALES BY EXPORTING YOUR PRODUCT OR SERVICE ONLINE.

A very special Thriving Together w ebinar for businesses that want to start or grow their customer base by exporting online. Special grant opportunity will be announced!

Note: we are not having a Thriving Together webinar this week so you have more time to participate in our partner events below.
Partner Events

HR in the era of COVID 19 - Ready to Reopen (7/7)

Join Northern California SBDC's regional HR expert Chana Anderson to learn about the key employment law requirements to reopen your business under local, state and federal law.

Retail & Restaurant Lease Negotiations During COVID-19 (7/9)

Join Hospitality attorney Roberta Economidis and Norcal SBDC Restaurant Program Manager and Restaurant Real Estate Specialist, Louise Dawson for a discussion on Rent and Lease Negotiation Strategies Part II.
The Customer Experience in the New Dine In Reality (7/9)

Welcome back our friend Holly Stiel, global Hospitality and Customer Service expert, for a webinar to show restaurant owners and managers how they can merge COVID-19 government guidelines with hospitality best practices. Instead of being frustrated: get sophisticated!
FREE Awareness, De-escalation and Assertiveness Training for your customer service team (7/18, 7/23, 8/1)

Starting in July, College of the Redwoods Workforce & Community Education is offering five FREE Awareness, De-escalation, and Assertiveness classes by industry.

Retail: Sat, July 18, 8:30 - 11am
Hospitality: Sat, July 18, 2 - 4:30pm
Grocery: Thurs, July 23, 8:30 - 11am
Child Care: Sat, Aug 1, 8:30 - 11am
City/County Frontline Workers: Thurs, July 23, 2 - 4:30pm

Register at redwoods.edu/communityed/Online   o r call (707) 476-4500.
Are You Ready for Amazon? (7/16 & 7/30)

Getting your products on Amazon can be easy. Selling them on the global digital marketplace means being prepared and aligned. Learn more from Northern California SBDC's regional Amazon expert Bobby Chang. Part 1: evaluate your readiness. Part 2: get launched.
Social Media Selling (7/23)

PART 2: to be announced
Review the pros and cons of Facebook, Instagram, Twitter, Shopify and more with Northern California SBDC's regional expert Bobby Chang.
Reminders
Lender & Financial Management Forum (7/1)


North Coast Lenders and SBDC business advisors delivered great insights. Watch the recording and download the resources.
Humboldt: Get your order in by COB Tuesday for Eureka's Virtual Friday Night Market!

EurekaFridayNightMarket.com is an online one-stop-shop for local products and services.

Makers, retailers, artists, restaurants: submit your product, package, art in this google form

Customers order your products from Saturday to Tuesday and pick up their package of Friday Night Market goodies and CSA farm boxes from the Visitor Center. If they have found your take-out menu on the site they will have pre-ordered dinner to pick up from you on the way home.

Questions? Contact Alanna Powell: alanna@humboldtmade.com  or 707-499-0379.
AskSBDC Webinars (M, W, F)

Northern California SBDC's regional Finance Center brings small business owners the latest updates and guidelines every week.


Ask an Attorney (Thursdays)

Thursdays at 4 pm (password: baseforce)
Ask pro-bono lawyers free questions via Zoom

Restaurant owners--consider asking about:
  • pros / cons of "hold harmless" agreements
  • the governor's new executive order specifying that employees required to come to a workplace who are diagnosed with COVID-19 will be presumed to have gotten it at work and can claim workers' comp
  • and more.

´╗┐and enter the password: baseforce
North Coast Small Business Development Center
Humboldt: (707) 445-9720 | Del Norte: (707) 464-2168
North Coast SBDC Learning Programs also generously funded by: