The IWBC is Here to Help

Our entire IWBC Team continues to work each day to serve you. This is a time of uncertainty and there is no way of knowing how long it will last. Together we will survive and learn many valuable lessons along the way. You are STRONG!! Owning and Running a Business is not for the weak. Daily, we know you are making decisions that will impact your future. We encourage you to reach out to us via phone, text or email. Let us know your struggles and how we can best assist. Below are resources and links to guide you as you strategically plan your next steps. We support you. We admire you. We know that women will continue to be the driving force that leads economic growth. (for staff emails see “Meet the Team” page under the About tab. You can also locate our IWBC Advisory Board Council on the Directory.

Health and Safety is a top priority in social distancing to stop the potential spread of the Coronavirus. We are taking the most precautionary measures of suspending all in-person classes and events. That said, we have not cancelled any training or workshop events and have gone to a 100% virtual environment utilizing zoom. Please follow new events on our Facebook page and our website. Call us if you need assistance in getting the zoom app downloaded on your phone, laptop or home computer. (208)996-1570 or email Info@IdahoWomen.Org

We will continue to host one on one consultations with our staff to serve you, identify your concerns, and connect you with available resources. To schedule a one on one meeting via phone or Zoom, please email info@IdahoWomen.org to request an appointment. We have 3 Economic Development Directors on our Advisory Board who will additionally assist with counseling. We want to hear from you . Please take a few minutes to fill out this assessment survey. Knowing the extent of the struggle will be important in our efforts to utilize federal and state resources. CLICK HERE to schedule a counseling appointment.

SBA Coronavirus Relief Options

New PPP Forgiveness Forms Released 6/16/2020:

Loan Forgiveness Application Instructions (revised 6/16/2020)
Loan Forgiveness Application (revised 6/16/2020)

Frequently Asked Questions for Loan Forgiveness 8/4/20

 

To further meet the needs of U.S. small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19 today.

The SBA Debt Relief program will provide a reprieve to small businesses as they overcome the challenges created by this health crisis. Under this program:

  • The SBA will also pay the principal and interest of new 7(a) loans issued prior to September 27, 2020.
  • The SBA will pay the principal and interest of current 7(a) loans for a period of six months.

If you have questions while applying for the Disaster Loan and Disaster Loan Advanced (EIDL) Call the Disaster Loan Hotline at (800)659-2955 or email DisasterCustomerService@sba.gov

The Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.

Terms

  • Up to $25,000
  • Fast turnaround
  • Will be repaid in full or in part by proceeds from the EIDL loan

Find an Express Bridge Loan Lender by connecting with your local SBA District Office.

Other Resources

Coronavirus Funding Options
Guidance for Businesses and Employers
Local Assistance
Join the SBA’s Relief Efforts
SBA Products and Resources
Government Contracting

Idaho Small Business Development Center (SBDC)
The Idaho SBDC business advisors are available to provide information and technical assistance on SBA Economic Injury Disaster Loans and to help you navigate the economic impacts caused by COVID-19. 

Small Business Administration Idaho Offices
There are several SBA offices in Idaho which offer many small business loan and assistance programs and are currently helping small businesses understand how to access and apply for the capital they need.