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COVID-19 Online Virtual Events - Shared screen with speaker view
Florida SBDC @ FGCU
27:34
This is a Q&A format. There will be a recording, but no slide presentation.
crogers
28:14
yes understood, but is there one or could there be one?
Florida SBDC @ FGCU
28:14
Pleas raise your hand OR place a question in the chat.
crogers
28:35
there are 2984 nonprofits in the region and we just want to get everyone the info
Sheryl Soukup
28:53
Is there a disaster relief loan available for nonprofits that do not have employees?
Florida SBDC @ FGCU
28:55
There will be a recording that an be share.
matt
28:57
2 Questions:
matt
29:24
When will we have a list of banks that will handle the CARES act funding
KLewis
30:04
Can you walk a NPO through the process of applying for a loan? Do we initiate contact with a Bank, or with the SBDA for example?
Sheryl Soukup
30:09
Thanks for taking my question
Sheryl Soukup
30:12
Yes
matt
30:19
It is unclear if an organization is able to get the Disaster loan and the Cares act forgivable loan.
jfaffer
30:35
what are the parameters of transferring a loan for payroll into a grant
Hassan Shibly
31:01
is it true the loan turns into a grant and can be forgiven?
Liz Donley
31:31
Can you go over the size standards relevant to the CARES Act, it appears that there employee standards OR annual revenue standards based on the NAICS.
Sheryl Soukup
31:38
If an SBA disaster loan has already been submitted prior to the CARES Act, does the nonprofit have to apply again through a bank to take advantage of CARES Act funding?
Lydia
32:09
Can organizations receive both the disaster loan and the Cares forgivable loan?
charb1998
34:07
does this process work the same for credit unions?
Florida SBDC @ FGCU
35:02
My pleasure, Sheryl.
crogers
35:32
thanks so very much for all of this info, can you consider creating a step by step 1, 2, 3 video or document that makes it EASY for the nonprofits to fill out, many of whom are serving their clients during this really difficult time
Dotty St Amand
36:09
that would be great p
Dotty St Amand
36:23
I ditto CRogers recommendation
KLewis
36:37
Is it correct that the costs associated with the loan can't occur before the loan origination date?
Liz Donley
36:47
Is there a set amount of funds available to Florida for the CARES Act loans/grants?
michelle
37:41
Is there a fee for having the SBDC help us with filing for loans? We're a 501C3
Florida SBDC @ FGCU
38:07
239-745-3700
Colleen DePasquale
38:16
To clarify, there are few options for a 501c6
Jim Reynolds
38:52
if we have an existing SBA loan, can we apply for another one?
Dotty St Amand
38:59
if the loan is to keep all employees on board, do staff resignations during the time frame affect the loan/forgiven loan
Florida SBDC @ FGCU
39:28
rerf.us
Donna Germain
40:11
Please be clear that there are very few options for 501c6 organizations versus 501c3
Lydia
40:24
Also confirming that past SBA loans are automatically deferred. Or do we have to specifically request the deferral?
Lauren
41:55
If you have furloughed employees, and want to get the funds to hire them back, is there any additional steps to take ?
Bernard McGarvey
43:16
are these loans just for NPOs with employees?
KLewis
45:26
Our interpretation is that the "expenses" for payroll, rent, etc that are eligible for the CARES Act foregiveable loans cannot occur until the Loan Origination date - sorry for not being clearer earlier
Liz Donley
46:35
Clarification - is there only X $$ available for all Florida applicants
michelle
47:29
Thank you!!
Kate
48:50
we are a 501(c) with 90% of our funding is from our thrift store that is currently closed. Do we have to bring back employees who have been put on furlough in order to be eligible for the amount that may be forgiven?
Barbara
51:34
Are closing costs for the loans determined by the bank? Has there been a cap put on closings costs?
Sheryl Soukup
54:07
There was a portal with a "sign in" available when I first submitted an application...you could view the status of your loan on that portal. However it appears that that option has disappeared. How do I heck on the status of my loan?
Kate
57:44
ok, understand. Thank you.
Jacki Liszak
01:01:54
So, 501(c)6 does not qualify?
wrodriguez
01:01:57
is it possible to get the info this speaker just stated?
Liz Donley
01:04:38
How do we get on the list to receive the newsletter?
Dotty St Amand
01:04:50
Thank you - that info will be very helpful
tbellois
01:05:11
I would like to add my email too
Liz Donley
01:05:19
esdonley@hcnetwork.org thank you
Jon
01:05:29
jon@hsnaples.org
Florida SBDC @ FGCU
01:05:31
Add your emails here, please.
fawnv
01:05:33
fawn@path2freedom.org
Dotty St Amand
01:05:33
dstamand@lighthouseswfl.org
Colleen DePasquale
01:05:36
LeShaun and Peter - thank you so much for doing this!
Kate
01:05:36
kategeist@mowofcc.org
Lydia
01:05:38
lblack@artinlee.org
Barbara
01:05:39
Barbara@napleschamber.org
Liz Becerra
01:05:40
liz@newhorizonsofswfl.org
Andrew Kurtz
01:05:41
Akurtz@gulfcoastsymphony.org
Shellie
01:05:44
shellie@communitycooperative.com
matt
01:05:46
matt@theimag.org
KLewis
01:05:47
kevinlewis@larcleecounty.org
Thania
01:05:48
Thank you
Alex Olivares
01:05:48
alex.olivares@catholiccharitiesdov.org
Tricia Fancher
01:05:49
trish@klcb.org
wrodriguez
01:05:51
wrodriguez@naplesseniorcenter.org
Doris
01:05:52
doris@lehighacreschamber.org
Gale
01:05:53
gales@ccswfl.org
Thania
01:05:54
tclevenger@cair.com
Teresa
01:05:55
business@hsnaples.org
michelle
01:05:57
MichelleA@freepainclinic.org
vicky
01:06:00
vickywilson@larcleecounty.org
Lauren
01:06:00
lauren@humantraffickingawareness.org
Sheryl Soukup
01:06:02
Sheryl@flroof.org
Ruth
01:06:03
Ruth Uzonyi ruzonyi@charlottecountychamber.org
lpraizner
01:06:07
lara.zulli@cchomelesscoalition.org
Alan
01:06:08
Alan Gruning, DO from SWF Free Pain Clinic doctor4jesus@gmail.com
garyp_000
01:06:12
gbutler@militaryheritagemuseum.org
Sheryl Soukup
01:06:16
sheryl@soukupstrategicsolutions.com
crogers
01:06:20
THANK YOU so much you two. I have additional questions for our regional nonprofits. Peter, can you please contact me crogers@floridacommunity.com
Karen Conley
01:06:20
karenconley@charityforchange.org
Heidi
01:06:25
hbrescher@fmpolice.com
Gale
01:06:47
gales@ccswfl.org
crogers
01:07:46
Carolyn Rogers SWFL Community Foundation :)
Barbara
01:07:47
thank you!
Andrew Kurtz
01:07:52
thanks. helpful!!
lpraizner
01:07:53
Thank you!
crogers
01:07:53
bravo