If I am Self-Employed or a Sole Proprietor how do I file for Unemployment Insurance Benefits under the CARES Act?

Posted on by Eric Byrd

New Benefits for Previously Uncovered Workers Affected workers, like the self-employed, who are not eligible under traditional unemployment insurance may be eligible under a brand new federal program called Pandemic Unemployment Assistance (PUA).  To be eligible for this new program, workers must first apply through traditional unemployment by visiting www.vec.virginia.gov or www.vawc.virginia.gov. The state is required to verify […]

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What are the differences between the EIDL and PPP loan programs?

Posted on by Eric Byrd

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, allocates $349 billion to help small businesses keep workers employed amid the current circumstances they are encountering. The CARES Act provides funding for the Paycheck Protection Program, modifies the existing Emergency Injury Disaster Loan (EIDL) program and provides immediate […]

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Is There Assistance for the Deaf or Hard of Hearing in Applying for Loans?

Posted on by Eric Byrd

Individuals who are deaf or hard‑of‑hearing may call SBA’s Customer Service Center via the Federal Relay Line by calling (800) 877-8339. You may also email disastercustomerservice@sba.gov for more information on SBA disaster assistance.  The Service Center is open 7 days a week from 7:00am to 9:00pm.

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Cómo puede alguien obtener más ayuda con los préstamos en español?/ How Do Non-Native English Speakers Get Assistance with Loans?

Posted on by Eric Byrd

Los solicitantes también pueden llamar al Centro de Servicio al Cliente de la (Small Business Administration) SBA al (800) 659-2955 o enviar un correo electrónico a disatercustomerservice@sba.gov para obtener más información sobre la asistencia por desastre de la SBA. Una versión en español del sitio web de la SBA también está disponible en: https://www.sba.gov/espanol/, o […]

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Can I Get Help with the Loan Preparation Process?

Posted on by Eric Byrd

Yes! The Loudoun SBDC has coaches that can help you with loan package preparation. f you have questions about the process or need assistance in gathering information or filling out application forms contact us and we will get you connected with a coach as soon as possible. NOTE: All coaching through the SBDC Loudoun is […]

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How Do I Apply for a Federal Disaster Loan (EIDL)?

Posted on by Eric Byrd

UPDATE 4/16/20: DUE TO APPROPRIATION LEVELS THE SBA IS CURRENTLY NOT ACCEPTING NEW EIDL APPLICATIONS FOR THE MOMENT. IF YOU HAVE ALREADY APPLIED FOR A EIDL YOU CAN CHECK STATUS AT THE SBA CUSTOMER SERVICE LINE, (800) 659-2955. Small businesses in Loudoun County are now eligible to apply for Federal Disaster Loans for economic damage. […]

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