Understanding SBA 504 loans

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  • Опубліковано 8 лис 2024

КОМЕНТАРІ • 2

  • @csubsbdc
    @csubsbdc  7 місяців тому

    How the Small Business Administration’s 504 Loan Program works, minimum and maximum loan amounts, advantages for business owners with the 504 loan program, eligibility requirements, and eligible use of proceeds are among topics of this week’s free webinar when Lisa Carbajal, VP and Senior Loan Officer for Cen Cal Business Finance Group joins SBDC director Kelly Bearden.
    Kelly begins the webinar with recent state changes in the fast food franchise law, requirements to apply for Employee Retention Credit amnesty, plus other local and regional issues impacting small businesses.
    This marks the 313th episode of the weekly “Webinar Wednesday” business series that provides news and information helpful to employers and business owners.
    The CSU Bakersfield Small Business Development Center provides free one-on-one consulting to help small business owners. New and existing businesses can go to www.csubsbdc.com for more information or to sign up for assistance.
    Timestamps
    00:00 Intro
    00:51 What’s up today March 20, 2024
    05:26 Poll Question #1: “What topics would you like to see on Webinar Wednesday?”
    08:41 Poll Question #2: “What is the top ice cream for Ben & Jerry's?”
    10:51 Economic Corner
    13:05 New possible changes to fast food act
    13:56 PPP Forgiveness Portal & EIDL Hardship Accommodation Plan
    EIDL Hardship - SBA link
    www.sba.gov/funding-programs/loans/covid-19-relief-options/covid-19-economic-injury-disaster-loan/manage-your-eidl#id-options-for-borrowers-facing-financial-hardship
    16:13 Why ERC Amnesty & what you need to qualify for 80 percent - March 22 is deadline to apply: www.irs.gov/coronavirus/employee-retention-credit-voluntary-disclosure-program

    18:00 Corporate Transparency Act - Beneficial Ownership Information - www.fincen.gov/boi
    19:34 Tools available through the SBDC
    20:13 CSUB UA-cam Channel
    20:50 FREE Human Resources Hotline for Employers
    21:17 Kelly introduces guest Lisa Carbajal, VP, Senior Loan Officer of Cen Cal Finance Group
    21:49 Lisa Carbajal begins to speak
    22:04 Lisa begins her presentation
    23:10 About the SBA 504 Loans
    24:15 SBA 504 Loans Promote Economic Development
    25:20 Advantages of the SBA 504 Loans
    26:00 Minimum SBA Loan Amount
    26:38 Maximum SBA Loan Amount
    28:10 SBA 504 Loan Structure
    28:48 SBA 504 Project Financing Model
    30:41 SBA 504 Project Financing Model - Special Purpose Property or New Business
    32:01 Eligibility Requirements
    34:17 Eligible Use of Proceeds
    35:47 Business Owner Advantages
    37:07 Things to Know About the SBA 504 Program - Prepayment Penalty, Principal Payments, and Investor Projects
    37:55 How Do I Apply for an SBA Loan?
    38:57 What Do I Need to Apply for an SBA Loan?
    39:51 The Cen Cal Advantage for California Businesses cencalfinance.com/
    41:10 Kelly rejoins Lisa for discussion
    45:49 Lisa & Kelly answer questions from webinar attendees

  • @mdmajibarsekh6063
    @mdmajibarsekh6063 7 місяців тому

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