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Learn how certain shifts in business can affect the COVID EIDL for small businesses and organizations and what steps borrowers can take.

Small Business Administration District Director, Dawn Golik, and Rich Mostert, director of the Valley Community Small Business Development Center discuss a variety of EIDL disaster loan details, including how to manage and pay your COVID EIDL, set up payments, and what to do if you have issues regarding your loan.

The SBA provides free one-on-one consulting to help small business owners. New and existing businesses can go to www.sba.gov/local-assistance for more information or to sign up for assistance.

TIMESTAMPS 
00:00 Intro
01:46 Rich Mostert introduces SBA District Director, Dawn Golik
03:07 Dawn Golik begins to speak
04:36 Dawn Golik begins the EIDL PowerPoint presentation – Loan Repayment
07:08 MYSBA Loan Portal – https://lending.sba.gov/
08:49 MYSBA Loan Portal overview
10:59 How to set up your MYSBA loan portal
11:14 How to create an account
12:00 Register on MYSBA Loan Portal
12:18 Enter user sign-in details
12:31 Enter contact information
13:09 Enter SBA account information
13:34 Choose security questions
13:56 Verify e-mail address
14:15 Log in now that you’ve created your account
14:38 Access your MYSBA Loan Portal Account
14:46 Home page of MYSBA Loan Portal Account
16:36 Loan accounts to see loans
16:51 Loan summaries
17:24 Statements
17:41 Tax forms
18:05 Payment history and payment activity
18:26 Messages
18:48 Instructions for COVID-19 EIDL EIN borrowers
19:55 What to do if you need to make changes on your loan
21:50 Hardship Accommodation Plan for businesses having trouble making loan payments
24:20 Eligibility and enrollment in the Hardship Accommodation Plan
25:41 Customer Support if you have trouble registering on the SBA loan portal – phone 1-833-572-0502
26:44 Contact information for support if you have questions about your loan or need help
27:32 Report identity theft to SBA
29:18 Resource partners of the SBA
30:45 Frequently Asked Questions
32:08 Fresno District Office Contact Information for those who have questions or need help
33:12 Rich rejoins webinar with Dawn for discussion
34:22 Questions and Answers with webinar attendees
 
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Funded in part through a Cooperative Agreement with the U.S. Small Business Administration and a Grant with the Governor’s Office of Business and Economic Development. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA or the Governor’s Office of Business and Economic Development. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the California SBDC closest to you.