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Update on PPP Applications

Posted By Administration, Wednesday, April 29, 2020

(From the Council Bluffs Chamber of Commerce...)

Lenders will be able to begin submitting PPP applications again starting on Monday, April 27, 2020 at 9:30 a.m. CDT

We still do not have information on how to report loans as dispersed to the SBA, and there are many questions about loan forgiveness and guidelines for what can be used etc.  We expect to get more clear guidance very soon and will get that out to you.

Sue Pitts with Iowa Western Small Business Development Center has written a blog post to our small businesses inspired by a video of Simon Sinek and his team.  It addresses the need for businesses to start transitioning from survival mode to a reinvention mode. Please check it out here

Council Bluffs Chamber, Iowa Western SBDC, Advance Southwest Iowa Corp. are open and can help you navigate through the COVID-19 crisis. All three of these organizations are ready and willing to help you through The SBA Economic Injury loan application process or The Iowa Business Relief Program and other local, state and federal programs that are being put in place. All assistance can be offered through one-on-one counseling that can be done through video conferencing or phone conference calls.

Tags:  COVID  COVID-Finance 

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