Brazilian-American Chamber of Commerce of Florida | P.O. Box 310038, Miami, FL 33231
Understanding the different options of SBA Assistance Loans
On April 3rd, 2020 the SBA (Small Business Administration) opened its system to receive applications for the most aggressive stimulus package to protect jobs and businesses during COVID-19 pandemic, the so called PPP (Paycheck Protection Program). However, PPP is only one of the programs available to Small Businesses with less than 500 employees.
The SBA is offering different relief options to assist businesses in the US and we have summarized them for you on the attachment.
The unprecedented stimulus package includes forgivable loans, long-term repayment period (up to 30 years), no fees, no collateral in some cases and ultra low interest rates. Some programs are available directly on the SBA website and other programs are offered via financial institutions. Please open the attachment to see which program is adequate to your business.
Timing is of the essence as funds will be available on a first come, first serve basis and are limited.
We understand this process could be overwhelming and we are here to assist. Please count on us in compiling or reviewing the application and reviewing your employer credit, once the loan is approved. We may also guide you in determining which SBA loan is best option for you or your company.
Feel free to contact our Client Relations department, Rosangela De Morais by emailing email@example.com.
Rosangela De Morais, Senior Client Relations Executive
Creates events focusing on the needs of the area; Membership drives; Develops relationships with other chambers of commerce and local organizations
Open forum to discuss new business models of successful entrepreneurship and understanding innovation; Bi-monthly meetings are held for the exchange of ideas and to share case studies
Creation and development of value-added benefits/programs for the members; Supervises all BACCF publications; issues press releases regarding chamber functions; distributes transcripts of speeches, etc; Supervises website; Supervises Chamber News Online
Membership Drives; Business Card Exchanges; New Members Breakfasts; Retention of Members through personal visits; Renewals
Lines up speakers and topics for monthly luncheons; Elaborates special events programs; Responsible for social functions; Creates new events to promote trade and networking opportunities
YOUNG PROFESSIONALS & ENTREPRENEURS
Provide young professionals and entrepreneurs opportunities to develop socially, professionally, and civically; Social Events - Happy Hours; Business Workshops; Enhance the vitality of South Florida by creating a strong community of young professionals and entrepreneurs within the BACCF; Values: leadership, connections, community and development
As a result of the Governor’s mandate that we all stay home to slow the spread COVID-19, the IC campus has been very quiet. There are however, a number of tenants working on critical COVID-19 response efforts that offer inspiration to us and that we wanted to share with you.
We hosted a webinar on the CARES Act and other resources for small businesses to deal with the economic impacts of COVID-19.
Give back + support small business with purchases: Swatch hub is creating personalized face masks, while Standard Wormwood Distillery + Barrows Intense are both producing hand sanitizer, with some profits being donated to local bars. And for your grocery and food needs, there are some IC vendors that can fill those orders!