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Posted on: May 26, 2020

Extension offers webinar on loan forgiveness and paycheck protection programs

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University of Nevada, Reno Extension is offering webinars on specific topics for small businesses every Friday. The webinars are aimed at helping small businesses “pivot and adapt” during this challenging time. 

The next webinar is on Friday, May 29 at 9 a.m. and speakers will focus on the Paycheck Protection Program, discussing the application for loan forgiveness, the qualifications of loan forgiveness (including payroll costs, interest on mortgages, rent, utilities and record-keeping), rates of reduction and self-employed business qualifications.

Organizers say that while many of our state’s businesses are focused on the funding aspects of their businesses, which is natural, they may be overlooking other opportunities to improve their overall business, during and after COVID-19.

“Our goal is to provide resources and educational platforms to help our small businesses, statewide, cope and retool during this pandemic,” said Buddy Borden, economic development specialist with Extension’s Business Development Program. “Ultimately, our goal is that when things begin to return to normal, our state’s small businesses will be even stronger.”

“While we were really happy to connect with so many businesses in our urban areas, we really want to let our small businesses in the rural areas know that we are here to assist them as well,” Borden said. 

Webinars are free and usually run about an hour. To register or for more information, go to the Extension Business Development Program website at extension.unr.edu/busdev. There are also other resources at the website to assist businesses during the COVID-19 crisis. For more information, email Borden.


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