PPP & EIDL Financing For Black Businesses During COVID-19

PPP & EIDL Financing for Black Businesses During COVID-19

by Ujamaa Works

November 14, 2020 / 6320 AFK

Please join the Ujamaa Works Accounting & Finance Network this Saturday, November 14 at 2pm Pacific / 5pm Eastern. We're talking about COVID-19 Financing Options for Black Businesses.

  • Raising awareness about COVID-19 emergency business resources among black businesses

  • Successfully accessing business resources

  • Payment Protection Program (PPP) loan forgiveness

  • Potentially securing PPP financing in the future

  • Securing Emergency Injury Disaster Loans (EIDL), 30-year, low interest financing

  • How black entrepreneurs develop black power through politicized, cooperative enterprise

Please invite a black business owner to participate and register on Eventbrite. An experienced, Maryland CPA and member of the Ujamaa Works network will co-facilitate this seminar with Ujamaa Works member, Thinq Tanq.

In addition to discussing PPP and EIDL, this seminar is about the political dynamics in which we are operating. We'll define capitalism and critically analyze whether or not black entrepreneurs can reasonably expect this economic arrangement to enable most black people to consistently meet our essential, human needs. We'll talk about ways of organizing our commerce that might expand democracy, black power and people power, because our lives depend on it.

For information about COVID-19 resources ASAP, visit this page. For a preview of our discussion about black business and black power read, “Black Business’ Role in Breaking the Cycle of Racism, Outrage & Reform”.