At the end of 2020, Congress passed the Economic Aid Act, issuing an additional $284 billion for the Paycheck Protection Program (PPP). This third round of forgivable loan capital is available to first time PPP borrowers and certain eligible businesses/organizations who qualify to apply for additional loan capital. This could be a second opportunity to procure loan funds for your business or organization. Join us for the first session of the two-part webinar training where you'll have the opportunity to learn from the Small Business Administration (SBA) as they preview eligibility guidelines for applying for a PPP loan.

Since some businesses and organizations will be able to apply for a second PPP loan, you do not want to miss out on the opportunity to see if your business or organization meets the criteria. South State Bank is sponsoring this training and representatives from the bank will share information on the loan application process and documentation needed to apply for PPP through South State Bank. South State Bank is one of many SBA qualified lenders participating in the PPP. This training will also provide Q&A opportunities for participants to ask SBA and South State Bank questions.

Presenters:

• Phil Zeman, SVP Community and Economic Development Relationship Manager

• Marshal Harris, VP/SBA Relationship Manager

• Gregg White, SC District Director for SBA