Join us for our second Community Bankers Town Hall Meeting. This live webinar will dive into the Economic Injury Disaster Loans. We will also have the information available (at the time) on new SBA 7(a) programs including Paycheck Protection Program. Our experts on the webinar will be Andrew Steil and Andrew Hogenson from Lathrop GPM LLP, and Michael Holdren from Eide Bailly, Noah Wilcox, Chairman of ICBA and Representatives from the U.S. Small Business Administration (invited).
Please register for Community Bankers Town Hall Meeting – New SBA Lending Programs on Apr 7, 2020 11:00 AM CDT at: https://attendee.gotowebinar.com/register/8888732780320069644. After registering, you will receive a confirmation email containing information about joining the webinar from “ICBM Minnesota”.
*Registration for this Community Banker Town Hall is reserved exclusively for employees of community banks. Registration for this event is not open to vendors or non-community bank companies.
April 8 – Free webcast series offered by RSM: Economic impact of Coronavirus, how to prepare, and how to mitigate risk
April 9 – Financial Ed – Interagency Statement on Loan Modifications: Working with Borrowers Impacted by COVID-19
Novel Coronavirus (2019-nCoV) Resource Links:
Links to Resources from Experts at ICBM Associate Members:
Communications from Federal Regulators:
The Small Business Administration has published a lot of useful information.
See our question below. Subscribe to SBA’s updates for the most current information!
A customer is getting an “online functionality are temporarily unavailable” message on the EIDL portal. What should they do?
If your customers are getting a message that “online functionality are temporarily unavailable” on SBA’s Disaster Loan Assistance Portal, recommend they clear their cache, or restart their computer. The site is live and accepting applications! For now, the online application is no longer active but the forms that I’ve been sharing are there on that site and can be uploaded once complete.
What resources does SBA have out to help navigate their EIDL process?
The SBA’s Minnesota District Office has created two important resources to help small businesses understand their Economic Injury Disaster Loans.
1. Please visit this webpage to understand the loans, download the forms to apply, and much more.
2. If you have questions about the SBA’s EIDL Loans, please watch this 14 minute video created by them to help answer some FAQs.
These are resources ICBM has gathered from government agencies, members and associate members to consolidate information that can aid community banks during the COVID-19 pandemic.
The questions and answers are provided by Minnesota community bankers. We’ve posted responses with minimal editing in order to publish as soon as possible. Users of this page are responsible for determining the best course of action for your business and circumstances. Bullet points separate different answers from bankers.
If you have additional questions or answers to share, email firstname.lastname@example.org.