COVID-19 Economic Injury Disaster Loans (EIDL)
Rescheduled to Wednesday, December 15th – 1:00 pm – 2:00 pm
Learn how this federal small business loan program supports small businesses’ recovery from the COVID-19 disaster’s economic impacts by providing accessible and borrower-friendly capital. Loans are direct from SBA that must be repaid; low-interest (3.75% business /2.75% non-profit) fixed-rate, 30-year long-term loan to help overcome the effects of the pandemic by providing working capital to meet operating expenses. Use may go toward working capital to make regular payments for operating expenses, including payroll, rent/mortgage, utilities, and other ordinary business expenses, and to pay business debt incurred at any time (past, present, or future).
Presenter
Terry A. Bolden serves as the Deputy District Director for the U.S. Small Business Administration’s Central and Southern Ohio District Office, managing the delivery of the agency’s financial assistance, technical assistance and government contracting activities to customers and stakeholders throughout 60 of Ohio’s 88 counties.
Bolden is a dedicated public servant with over 25 years of an exemplary track record in leadership, business development, infrastructure, and heavy highway transportation. Bolden is recognized as an effective collaborator, creating strategic alliances across the state of Ohio.
In 2020, Bolden joined the SBA after serving in key roles with Federal, State and local government agencies throughout Ohio. Bolden’s previous roles include: Manager for the City of Columbus Mayor’s Office of Diversity and Inclusion; Administrator at the Ohio Department of Transportation (ODOT); Business Advisor for the U.S. Department of Commerce; Compliance Officer with the Northeast Ohio Regional Sewer District; and Construction Inspector with the City of Cleveland Water Department.
A native Clevelander and graduate of Cleveland State University, Bolden has a passion serve his fellow Ohioans achieve prosperity.
Understanding PPP Round Two Webinar
Tuesday, January 26 – 1:00 pm – 2:00 pm
The Paycheck Protection Program (PPP) Round Two is starting to roll out. If you want to learn more before you apply or are not sure if you qualify, join Shannon Feucht and Jerome Jones from The U.S. Small Business Administration (SBA) as they introduce the basics and answer your questions.
During the webinar, SBA will discuss:
- Overview of Forgiveness Process & Requirements
- Overview of the Paycheck Protection Program, as updated by The Economic Aid Act
- Overview of SBA Resource Partner Services
There will be time to ask questions!
Speakers
Shannon Feucht is a Lead Economic Development Specialist at the Columbus District Office for the U.S. Small Business Administration. In this position, she is responsible for marketing and conducting outreach to entrepreneurs, small businesses, and resource partners in order to help them start and develop by utilizing
Jerome W. Jones is a Lender Relations Specialist with The U. S. Small Business Administration. Prior to joining the SBA Jones was a Certified Business Advisor with The Ohio Small Business Development Center at Columbus State Community College and Managing Member of The Danash Group, LLC. He has also served as VP of Lending with the Economic and Community Development Institute, the Vice President of Business Services at Telhio Credit Union where he was responsible for the business loan department, Vice President of Community Development Lending for Key Bank, and a senior loan officer for Community Capital Development Corp. Jones is also very active in the Central Ohio community, serving on the United Way of Central Ohio Finance Committee and the City of Columbus Loan Review Committee, as well as having served as a board member of the Columbus Urban League. Jones is a recipient of the SBA Financial Services Champion Award, is a Certified Economic Development Finance Professional, a Certified Business Advisor and attended Jackson State University and Franklin University.