April 22, 2020

This was the first webinar in NWBC’s COVID-19 subseries of #WebinarWednesday. NWBC and the Vinetta Project teamed up for a virtual panel aimed at helping startup founders navigate the CARES Act.

The webinar helped break down the available federal relief for venture-backed startups. Experts from the Small Business Administration, JP Morgan, and Graphite Financial. The experts discussed available resources, lending options, and how to document your requests.

NWBC’s #WebinarWednesday is a monthly, multi-series webinar that serves as a platform for women entrepreneurs and business owners, to connect them to key advocates, experts, and useful resources that can help bolster their knowledge and skills, and elevate their entrepreneurial potential. At NWBC, we will continue to prioritize this challenge and strive to make inroads for women-owned businesses in starting and growing their business.

Your Questions Answered

Are you eligible for any relief if you do not have any full-time employees but your business was impacted by COVID-19? What about EIDL? 
Answer: Who can applyWhat you need to certifyEIDL Eligibility.

How do you check to see if you have a loan number that actually went through?
Answer: Check in with your lender for an SBA loan number and to verify processing. 

Could you provide additional information on PPP loan grant compliance requirements if you are approved?
What you can use the loans for.