Virtual Coffee Series //

Leaders Adapt to the New Normal

Where business leaders can share experiences and ideas to help each other adapt to the new realities we’re all facing on topics, such as virtual work, online sales, the CARES Act, and more.

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5.13.20 Managing a Virtual Workforce & Sales Team

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Recent Updates from the SBA

Attendees asked about rent forgiveness for PPP loans. Here are more details:
If insurance, maintenance, and taxes are included in the rent/lease per the rental or leasing agreement, it seems reasonable. However, as I was told, none of the interim rulings spell out what rent is. In short, the lease/rental agreement will govern if the rent payment is forgivable so make sure to include the agreement as a part of the documentation submitted to your bank.

– Roderick Johnson, US Small Business Administration

View Paycheck Protection Program report with recent statistics as of May 16, 2020

  • Average loan size: $118K
  • Number of approved loans nationally: 4,341,145
  • Amount of approved loans nationally: $513,271,137,359
  • Number of lenders: 5,496
  • Small banks & lenders approved 2.1M loans totally $221B – 43% of total guaranteed amount
  • Medium-sized banks approved 679,898 loans totally $99.9B – 19% of total guaranteed amount
  • Larger banks approved 1.5M loans totally $191.7B – 37% of total guaranteed amount
  • CDFIs & MDIs approved 173,267 loans totaling $15.5B in guarantees
  • State by state breakdowns available on page 5
  • Report is for both rounds through May 16

Download the Paycheck Protection Program Loan Forgiveness Application here.

Speakers & Special Guest

Chris Tully

Chief Sales Officer,
Sales Growth Advisors

Barg Upender

Founder & Chairman,
Mobomo and CEO & Founder, Coglide

Stephanie Katz

Owner and HR Consultant,
CETA

Roderick Johnson

Lender Relations,
US Small Business Administration

Join us for our virtual coffee to hear from these experts on how to manage your virtual workforce, techniques for managing a remote sales team, and the HR side of managing a virtual team. Plus, ask the SBA about small business lending options.

Manage Your Virtual Workforce and Sales Team

  • Three examples of virtually managed companies – local and global
  • Why different types of employees need to be managed differently
  • An owner’s perspective on how to manage productivity remotely

HR Considerations for Managing a Virtual Team

  • Tips to increase productivity
  • HR considerations for managing a virtual workforce
  • Employee benefit issues important during COVID

Effective Leadership Strategies for a Virtual Salesforce

  • Your clients
  • Your teams
  • Your business processes

Ask the SBA: Q&A with an SBA Loan Officer

  • Get your questions answered about SBA lending options

You can watch videos and download speaker presentations from our past events.

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