Virtual Coffee Series //
Leaders Adapt to the New Normal
5.13.20 Managing a Virtual Workforce & Sales Team
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
Rod 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
Upcoming Virtual Coffees
Next event is in the works, details soon to come.
View Our Past Virtual Coffees
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