On December 27, 2020, the Consolidated Appropriations Act, 2021 was signed into law. This new legislation revives the Paycheck Protection Program (PPP), as well as providing a breadth of benefits to businesses designed to address the economic fallout from the pandemic. The $900 billion legislation enhances key elements of the Small Business Administration's traditional lending efforts. The package authorizes $2 billion for the SBA's 7(a) and 504 programs, as well as additional PPP relief.
This event is presented by the Carolinas-Virginias Chapter of the Risk Management Association.
Topics and Speakers
SBA 504 Benefits
- Curt Solomon, Senior Vice President and Business Development Officer, Business Finance Group, Inc.
Elaine C. Fairman, Executive Director, Business Expansion Funding Corporation (BEFCOR)
PPP and SBA 7A Benefits
- Ford Scott, Lender Relations Specialist, U.S. Small Business Administration
Karen Hoskins, Lead Lender Relations Specialist, SBA NC District Office, Charlotte, NC
Lemuel "Uel" Whitsett, Partner, Banking & Financial Services, Williams Mullen
Main Street Lending Program (RECAP): Follow up to the CAVA RMA fall program.
Matt Cheek, Partner, Banking & Financial Services, Williams Mullen
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