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SBA Economic Injury Disaster Loan During COVID 19

Coronavirus (COVID-19) Economic Relief Opportunities for Small Businesses

The Small Business Administration’s (SBA’s) Economic Injury Disaster Loan (EIDL) program is separate from those included in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), and it might present an opportunity to build a working capital cushion. In short, the SBA is making available EIDLs in amounts up to $2 million to small businesses and non-profits to ease the economic impact of the Coronavirus. We are bringing together a panel of experts to answer your questions on how to apply and: “Get in the line.”

Moderator: Florence Lowe, COO, Synerzip.

Synerzip provided this webinar as a courtesy to our clients and friends.  We are not providing any tax or financial advice.  This current situation is changing on a daily basis, so please continue to seek advice from your licensed advisors.

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They say there are only two things certain in life: death and taxes. What’s ironic is, given the current situation involving COVID-19, we’re facing the realities of both. Since the beginning of the year and in the months to come, we are confronted with massive changes in not only our everyday lives but also for our businesses.

In this panel discussion with experts Robert Wright, JD, MBA, and Adam Minow, CPA, MBA, we will discuss the EIDL program, the CARES ACT, and other opportunities for individuals and businesses to survive and thrive through this crisis.

Webinar Presenters

Bob Wright is an attorney, enterprise strategist, community activist, and teacher. Thirty-six years ago, Bob began his legal career at Jenkins & Gilchrist, P.C., where he specialized in leveraged buyouts, M&A, and bank regulatory law. In 2000, Bob began a run as General Counsel for three software companies – two public and one private – directing their worldwide legal affairs and, ultimately, their sale. In between versions, Bob played games – as in organized, built, ran, and sold three computer game companies.

These days, Bob entertains himself by stirring up the community. He founded and serves as Chairman Emeritus of Social Venture Partners Dallas, an initiative that seeks to apply venture capital principles to philanthropy. Bob helped imagine, then chaired, and continues to serve on the advisory committee of The GroundFloor, United Way of Metropolitan Dallas’ social innovation fund and impact accelerator program, which provides seed-stage funding for social enterprises. In 2017, Bob joined the board of UWMD and serves on its Executive Committee. By gubernatorial appointment, he chairs the OneStar Foundation, whose mission is to build a better nonprofit sector for a better Texas, and formerly served as a member of the Texas Emerging Technology Fund Advisory Committee.

In addition to practicing law, Bob is a Senior Lecturer in Entrepreneurship and Social Entrepreneurship in the Naveen Jindal School of Management at the University of Texas at Dallas.

Adam MinowAdam Minow is President of MinowCPA Corporation. He has been a CPA in California since 1995. His accounting career began at Kenneth Leventhal & Company (since acquired by Ernst & Young) where he managed audits of homebuilders and real estate developers. His experience also includes corporate development, investment banking, capital raising, and strategic advisory services. He has been previously employed by Bank of America’s investment banking group, KB Homes (NYSE: KBH, and Genentech, Inc. (NYSE: DNA). Prior to founding MinowCPA Corporation, Adam was Sr. Manager at Glenn M. Gelman & Associates.

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