SBA updates and direct forgiveness portal training webinar

Illustration of a laptop with text that includes, PPP Forgiveness Portal

Direct Forgiveness Portal Training Webinar Aug 10

The SBA Vermont District Office is hosting a webinar from 11:30 a.m. to 1 p.m. Aug. 10 about the new Direct Forgiveness Portal for Paycheck Protection Program borrowers. The Direct Forgiveness Portal allows PPP borrowers whose loans are $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.

Vermont participating lenders are Community National Bank, Vermont State Employees Credit Union, Bank of Bennington, National Bank of Middlebury, New England Federal Credit Union, Union Bank, Vermont Federal Credit Union, and Bar Harbor Bank.

Borrowers will be contacted by their lenders informing them to use the Direct Forgiveness Portal.

To access the webinar, click here. To access the webinar by phone, call 202-765-1264 and enter code 986 011 495#.

Borrowers who received their PPP loans from lenders outside of Vermont are welcome to join Tuesday's webinar.

To view upcoming webinars, visit www.sba.gov/vt.

For more information, email [email protected].

Farmers picking flowers

Rural Microenterprise Loans & Grants Available Thru USDA

The U.S. Department of Agriculture Rural Development is accepting applications for loan and grants to support rural microenterprises. The funding is being provided through USDA’s Rural Microentrepreneur Assistance Program.

To apply, click here and select Vermont from the dropdown menu.

SBA To Host Three-Day Live Summit Of Learning & Online Education

The U.S. Small Business Administration has announced its 2021 National Small Business Week Virtual Summit for September 13 to 15.. This year’s events will spotlight the resilience of America’s entrepreneurs and the renewal of the small business economy as they build back better from the economic crisis brought on by a once-in-a-lifetime pandemic. The virtual summit will honor the nation’s 30 million small businesses for their perseverance, ingenuity, triumphs, and creativity.   

Read more

HUBZone Webinar Aug 5

Join the Vermont Procurement and Technical Center for an overview of the Historically Underutilized Business Zone certification program at 10 a.m. Aug 5.

HUBZone certification gives qualified businesses a competitive edge when bidding on federal contracts as the program’s set-aside contracts limit competition to only HUBZone certified businesses.

To verify a business is in a HUBZone, click here and enter the address.

To register, click here.

open sign

Start Your Own Business Webinar Aug 5

The Vermont Small Business Development Center is hosting a free Start Your Business webinar at 10 a.m. Aug. 5. Gain practical tips and learn the steps needed to launch a small business. Following the session, attendees will receive additional resources to assist in the process.

To register, click here.

Veterans Business Training Aug 24-25

The Small Business Administration is hosting a two-day webinar from 8:30 a.m. to 4 p.m. Aug. 25 to 26 for Veterans wanting to learn about the fundamentals of starting a small business.

Boots to Business is a free SBA training program for transitioning service members, veterans and family members to assist understanding the steps, stages and activities related to launching and growing a business as a post-military career.

For more information or to register, contact Miguel Moralez at 603-225-1601 or email [email protected].

To register, visit, https://sbavets.force.com/s/. On the August calendar select: Online Portsmouth, NS, ME.

SBA Vermont District Office, Montpelier. www.sba.gov/vt(link is external)