EDC BUSINESS ALERT- EDC Business Disaster Loan and Wednesday Webinar Series

Good Morning Clients, Partners and Friends.

We are excited to announce that we are now accepting applications for our EDC Disaster Loan. Special thanks to Pacific Western Bank for contributing $500,000 to the EDC Disaster Loan Fund. These funds are meant to support small businesses in Ventura and Santa Barbara County only. Due to the volume of requests we anticipate and limited private capital funds we know that we will not be able to serve every small business. However, we do believe that the SBA Disaster Loan Program (EIDL), and the Paycheck Protection Program (PPP) are the best sources of capital available to small businesses. Please note: The EDC COVID-19 loans are not forgivable, nor is it tied to the Cares Act Bill. Furthermore, EDC is not an SBA lender and cannot participate in any of its sponsored programs.

EDC DISASTER LOAN FUND NOW ACCEPTING APPLICATIONS

WHAT WE ARE LOOKING FOR:

If you are interested in applying, please email loans@edcollaborative.com

DON’T MISS OUR WEBINAR THIS WEDNESDAY! LEARN ABOUT LOCAL, STATE AND FEDERAL RESOURCES NOW AVAILABLE FOR BUSINESSES AND SELF-EMPLOYED.

To help support the volume of requests for assistance EDC has launched a webinar series starting to help businesses, self-employed individuals and employees navigate the CARES Act and expanded benefits under EDD. We will be hosting webinars weekly every Wednesday from12:30-2:00. Registration is required in advance to participate. Find the registration link on our webpagewww.edcollaborative.com/covid19

EDC BUSINESS RESOURCE HOTLINE

Need more help? If you have questions, comments or concerns please call.

English Business Resource Hotline 805.409.9149

Spanish Business Resource Hotline 805.309.5874