SBA

There may be changes coming to the Paycheck Protection Program for small businesses, and the local chamber of commerce will host a session to update business owners on what that means later this week.

The Fort Bend Chamber of Commerce’s Business and Professional Division will host a virtual Zoom webinar with SBA Houston District Director Tim Jeffcoat this Thursday from 11 a.m. to noon regarding a second round of potential PPP loans.

During the session, Jeffcoat will summarize the changes to the program and the impact on small businesses through the following topics:

• Changes to the Paycheck Protection Program (PPP)

• Second Draw PPP for small businesses who have exhausted their initial loan

• Impact eligibility for initial PPP loans

• The loan forgiveness process

• Economic Injury Disaster Loans (EIDL Program)

• Venue Grant program

• SBA loan programs

The webinar is free for any interested resident to attend, and community members can join by going to zoom.us/webinar/ register/WN_huJv6jbRQ8OwlMR89XoYCA.

Details of upcoming events can be found at FortBendChamber.com or contact Paige Talbott at 281-566-2152 or paige@fortbendcc.org.

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