Small businesses can learn how to maximize PPP loan forgiveness Oct. 14

Small business owners can learn details on the newly simplified SBA form 3508S for Paycheck Protection Program borrowers of $50,000 and less in this week’s free webinar hosted by the Small Business Development Center at CSU Bakersfield. 

“Managing Your Small Business through the Pandemic” will be online Wednesday, Oct. 14 from 12 noon to 1 p.m.

Host and SBDC director, Kelly Bearden will use illustrated examples to provide guidance on the newly released PPP forgiveness form. He will also review three SBA forgiveness forms from different borrower perspectives to show how to manage PPP documentation in order to maximize the amount forgiven. There will also be updates on B-CARES and Kern County’s push to the "red tier," Kern, Inyo and Mono county programs, and the Economic Injury Disaster Loans (EIDL) program. Questions from attendees will be taken.

This is the 31st in a weekly “Webinar Wednesday” series that provides pandemic relief updates on available federal, state, and local funding options, tax credit programs, employee programs, and other opportunities for employers and business owners.

The SBDC is open for free one-on-one consulting to help small business owners. New and existing businesses can sign up for assistance by clicking here.