In response to the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020, the U.S. Small Business Administration (SBA) posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application. In addition to revising the full forgiveness application, SBA also published a new “EZ version” of the forgiveness application. “These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan,” states the SBA’s official press release.
a Human Touch
The Perfect Balance
Elder financial abuse is a growing problem, leaving destroyed relationships and economic destruction in its wake. From straightforward theft to slow development through complex relationships, the tremendous loss of wealth incurred by senior citizens results in premature deaths and intergenerational loss of wealth. It ultimately rips at the fabric of society as a whole as trust among family members and faith in financial institutions are destroyed.
The U.S. Small Business Administration (SBA) announced today that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible U.S. small businesses, private non-profit organization or 501(c)(19) veterans organizations, who are experiencing economic impacts due to COVID-19. The EIDL program, established by the CARES Act, offers long-term, low interest assistance that can alleviate temporary loss of revenue and help cover payroll and inventory, pay debt or fund other expenses.
Tune in on June 17th, at 8 AM PST, for Know the Rules of the GameⓇ Podcast: Leading Through Crisis and Chaos with your host Desiree Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB) and Special Guest Davia Temin, President and CEO of Temin and Company – a boutique management consultancy that helps corporations and organizations create, enhance and save their reputations and coaches board directors and C-Suite executives.
NAWRB’s Diversity & Inclusion Leadership Council (NDILC) recently introduced their Ten Women Leadership Principles, which they collectively created to help women in the workforce become more effective leaders at any stage of their careers, and empower other women to reach their full potential. This is a universal guide for all levels of leadership, and any woman can benefit from applying them. This week, NDILC presents the seventh principle, “Listen” shared with a personal story by NDILC Chairwoman Desiree Patno, CEO & President of NAWRB.
President Trump has recently signed into law, H.R. 701, the “Paycheck Protection Program Flexibility Act (PPPFA),” which makes the Paycheck Protection Program (PPP) more flexible for PPP loans originated on or after June 5, 2020. The SBA will now forgive loans received through this program if businesses disburse their PPP funds within 24 weeks, and if 60 percent of the funds is used for payroll. The other 40 percent can be used for rent, mortgage interest, utilities and other related costs.
Know the Rules of the GameⓇ Podcast is releasing new episodes each week at https://www.nawrb.com/podcast/
Is your organization or company nurturing the foundation for children in underserved communities to achieve their professional dreams? Show the NAWRB Diversity & Inclusion Leadership Council (NDILC) how you are “embedding the vision” of opportunity in the minds of America’s next generations!
NDILC is pleased to announce the “Embed the Vision Challenge” for youth educational training programs that are helping to increase diversity in industries in which minorities are underrepresented by providing children and teens with the resources they need to pursue their dreams. Organizations and companies that participate in the challenge by June 20th, 2020 will be featured in NAWRB’s Magazine, Diversity, Equity & Inclusion, and non-profits will be given a complimentary subbanner in our newsletter!
Watch a never-before-seen video of the “Family Office” panel at the 2019 NAWRB Conference. Panelists Wendy Craft, Chief of Staff at Fulcrum Equities, LLC; Cynthia French Blanchard, President of Anthem Vault, Inc., AnthemGold, Inc., and Hercules, SEZC; Cindy Brittain, International Private Client Tax Partner at Katten Muchin Rosenman LLP; and Brian DeLucia, Managing Partner of Arrivato LLC, discussed the latest developments and trends in Family Offices, including intergenerational wealth transfer and tax issues. Watch the video below!
Welcome to Know the Rules of the GameⓇ Podcast: What are Her Rules? with your host Desiree Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB) and Special Guest Charmane Sellers, Honorable Veteran of the United States Air Force, and the President and CEO of ALEON Properties, Inc. As a minority-, veteran- and women-owned small business in Commercial Construction, Charmane shares her professional and personal experiences that have brought her where she is today. Listen: https://www.nawrb.com/