SBDC Director Kelly Bearden will discuss key provisions for new PPP loans in the recently signed $908 billion federal stimulus package. He'll also give details on California’s $500 million COVID-19 Relief Grant funding opening Dec. 30. He will be joined by Richard Gearhart, CSUB Associate Professor of Economics. Dr. Gearhart will discuss his COVID-19 research and how trends revealed in the economic data may suggest positive progress for hard-hit local restaurants in 2021. He’ll also summarize the economic impact of the CARES Act and discuss the need for future stimulus.  Topics include:

✔$908 billion federal stimulus details

✔$500 million state COVID-19 Relief Grant fund

✔PPP forgiveness update

✔EIDL Program year-end expiration

✔COVID-19 economic research data highlights

✔COVID-19 economic research data & local restaurants in 2021

✔Economic impact of 2020 CARES Act

✔Free COVID-19 test locations

✔Plus, time to ask your questions!

This is the 42nd 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 FREE assistance by clicking here!