Virginia Democratic Small Business Caucus
COVID-19 Economic Injury Disaster Loans
What are and how do I find Community Development Financial Institution (CDFI) and Minority Depository Institutions (MDI) ?
What is Paycheck Protection Program (PPP1) ?
What are Paycheck Protection Program First Draw Loans ?
What is Paycheck Protection Program (PPP2) ?
What are Second Draw PPP Loans ?
What is PPP Loan Forgiveness ?
What is Economic Injury Disaster Loan (EIDL) ?
Interim Final Rules
The Small Business Administration (SBA) issued two new Interim Final Rules (IFR) on 01/06/21
The first (82-page) replaced 22 previous IFRs issued by SBA & Treasury & gives a summary of the “final” guidance of the entire PPP program:
The second (42-page) provides guidance on “PPP2” Second Draw part of program:
MISSION AND GOAL
1 - Establish a VADSBC presence in all 11 Virginia Congressional Districts.
2 - Establish an effective VADSBC Internet & Media presence.
3 - Execute VADSBC organizing goals by:
3(a) Creating a Directory of DEM Small Business.
3(b) Electing more Democrats with DEM Small Business input.
4 - Help DEM Small Business owners to grow and residents to prosper.