What Businesses Need to Apply for Funding…the COVID-19 Crisis and Beyond
On Wednesday, April 8, 2020 the Altoona Blair County Development (ABCD) Corp. in partnership with the Blair County Chamber of Commerce (Chamber) hosted an informational webinar, “What Businesses Need to Apply for Funding…the COVID-19 Crisis and Beyond”.
The webinar was conducted as a response to recent funding opportunities where small business owners and employees needed to make very quick decisions on COVID-19 funding options and gather required information for applications. For many it was the first time applying for loans like these or any loan at all. New terms, formats, and guidelines can preset confusion, delays and ultimately missed deadlines. This virtual discussion was designed to review the basic materials everyone should have or should access quickly, for the remainder of this crisis and beyond.
The webinar was presented free of charge with over 120 attendees registering for the event. The information was presented by ABCD Corp.’s Tom Seasoltz and Rich Lasek who covered; A summary of the current funding programs for COVID-19; Overall preparation for funding applications; Specifics on the Paycheck Protection Program and the COVID-19 Working Capital Access programs; and answered questions.
The presentation materials are below in a slideshow format or you can download a PDF version by clicking here.
ABCD Corp. and the Chamber are committed to assisting our communities businesses and employees during this crisis and beyond. During this time ABCD Corp. has created a Rapid Response Page and the Chamber has a News Alert Page to provide up-to-date information. We will all get through this together and “We Will be Ok”