GAREALcast: Paycheck Protection Program (PPP Loan), EIDL, and the SBA - and more!

04/11/20 • 53 min

Do you have questions about the benefits available to you as part of the CARES Act? Do you have questions about the Paycheck Program Loan and the Economic Injury Disaster Loan (EIDL), or are you frustrated with the lack of information or mis-information surrounding these programs? You're not alone!

We wanted to bring you up-to-date (as of today!) information about the PPP Loan and EIDL, as well as questions you should be asking your financial planner, your CPA, and your other business advisors during these uncertain economic times. HUGE thank you to our guests today -- Megan Booth, Director of Federal Housing, Valuation, Commercial Real Estate Policy and Programs for the National Association of REALTORS in Washington, D.C., and Casey Bradley, Certified Business Exit Consultant and Partner at The Piedmont Group, here in Atlanta, Georgia -- for provided a plethora of information and guidance.

NAR Resource Site for SBA CARES Act FAQ: https://www.nar.realtor/coronavirussba

NAR Resource Site for coronavirus Information: https://www.nar.realtor/coronavirus

Find out more about the Paycheck Protection Program (PPP) on the SBA website, here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp

Download the PPP Loan application from the SBA website, here: https://www.sba.gov/document/sba-form--lender-application-form-paycheck-protection-program-loan-guaranty-0

Access the Disaster Loan Assistance/Economic Injury Disaster Loan (EIDL) application, via the SBA, here: https://covid19relief.sba.gov/#/

Go to the Georgia REALTORS® COVID-19 Resource Page, here: https://garealtor.com/members/member-resources/covid-19-resources-for-gar-members/

MEGAN BOOTH: Megan Booth is the Director of Federal Housing and Commercial Policy at the National Association of REALTORS®, where she has worked for over 20 years. Topics under her purview include federal housing programs such as FHA mortgage insurance, VA loans, and Rural Housing programs; as well as multifamily and property management issues. Prior to joining NAR, Megan worked for Bovis Construction Management, American Maritime Officers, and on Capitol Hill as a Legislative Aide. A native of Massachusetts, Megan received her B.A. from the George Washington University, and a Master's degree from George Mason University. Megan lives in Arlington, VA with her husband and three children.

CASEY BRADLEY: Casey Bradley is a financial planner with extensive experience helping entrepreneurs reach their financial goals. Born in Acworth, Georgia, he was inspired by watching his father successfully start and exit his own military recruiting business.

Casey has a unique perspective of both the positive and negative aspects of owning your own business which sparked a passion for working with business owners to create flexible financial solutions. Graduating after a four-year football career at Centre College in Danville, Kentucky, he started with The Piedmont Group.

Casey brings an entrepreneurial mindset and strong work ethic when developing financial plans for his clients. He is deeply invested in the future of those he works with and wants to see entrepreneurs succeed in every facet of their businesses. Casey enjoys guiding business owners both personally and professionally, encouraging them to take time to work on their business. As an advisor, Casey loves collaborating with likeminded people and cultivating a team-oriented environment with his peers.

In his leisure time, Casey enjoys coaching basketball and football at St. Joseph Catholic School and Blessed Trinity Catholic High School. He is a huge basketball fan and loves the Green Bay Packers.

Hosted on Acast. See acast.com/privacy for more information.

NAR Resource Site for SBA CARES Act FAQ: https://www.nar.realtor/coronavirussba

NAR Resource Site for coronavirus Information: https://www.nar.realtor/coronavirus

Find out more about the Paycheck Protection Program (PPP) on the SBA website, here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp

Download the PPP Loan application from the SBA website, here: https://www.sba.gov/document/sba-form--lender-application-form-paycheck-protection-program-loan-guaranty-0

Access the Disaster Loan Assistance/Economic Injury Disaster Loan (EIDL) application, via the SBA, here: https://covid19relief.sba.gov/#/

Go to the Georgia REALTORS® COVID-19 Resource Page, here: https://garealtor.com/members/member-resources/covid-19-resources-for-gar-members/

In his leisure time, Casey enjoys coaching basketball and football at St. Joseph Catholic School and Blessed Trinity Catholic High School. He is a huge basketball fan and loves the Green Bay Packers.

Hosted on Acast. See acast.com/privacy for more information.

Previous Episode

GAREALcast: Engaging with Clients During (and After) COVID-19

Keeping in touch with clients can be one of the most important pieces of a REALTOR®'s business/marketing plan -- providing an unforgettable client experience and following up thoughtfully, long-term, is the key to creating lasting relationships, a long and fruitful pipeline of clients, and client loyalty. But what happens when a life event -- or say, a global pandemic -- changes your plan? How do you keep up your engagement and maintain relationships? How do you stay top-of-mind with clients who have so much else to deal with in their everyday lives? How do you pivot your plan to make sure you are still seen, in the eyes of your clients (rather than just in the eyes of the government) as "essential"? REALTOR® Shay Hata joins us to discuss these questions -- and more -- in an informative episode that will help you to keep your business going now, during COVID-19 and your own self-quarantine or Shelter in Place, and more importantly, into the future.

SHAY HATA: Shay Hata is an Ivy League grad, mom, and residential REALTOR® in Chicago, IL with Berkshire Hathaway. She moved to Chicago in 2012 and jumped into real estate in a brand new city where she didn’t know anyone and was new to real estate. Within three years she was averaging $30M a year in real estate and now has a small team consisting of her, a buyer’s agent, and four assistants. Shay is passionate about animal rescue as well as making sure every child has access to a quality education; therefore, she donates a portion of each commission to local animal rescue groups and local schools. Find her online at www.shayhata.com.

Hosted on Acast. See acast.com/privacy for more information.

Next Episode

GAREALcast: Social Media Best Practices for REALTORS, COVID-19 and Beyond

Social media dos and don'ts -- always a good topic (and a good reminder), but in times of stress, like we're experiencing right now, this subject seems more timely than ever. Dale Chumbley, from Vancouver, WA, joins the podcast to discuss social media best practices and etiquette, and also where we can best engage with our clients and consumers, to enhance our businesses and our client relationships. In a very informative and candid conversation, Dale offers social media and virtual communication tips, both for during COVID-19...and beyond!

LINKS WE PROMISED IN THIS EPISODE:

BombBomb - video email platform: https://bombbomb.com
BoxBrownie - photo editing and so much more: https://www.boxbrownie.com/
Even more detailed information on BoxBrownie's NEW 360 tours (this is the video Dale mentioned): https://www.boxbrownie.com/au/360-virtual-tours

DALE CHUMBLEY: Dale Chumbley is a 2nd generation REALTOR® in Vancouver, Washington who has been selling real estate since 1994.He was named by Inman News one of the 100 Most Influential Real Estate Leaders in the country for 2010. He is the founder of 365 Things To Do In Vancouver, WA on Facebook. In 2014 Dale served as his local Association’s President and was named REALTOR® of the Year. Dale was named one of The Top 20 Social Influencers of Residential Real Estate 2016 by Swanepoel Power 200 nationally. In 2016 he served as VP of Membership for Washington REALTORS®. In 2018 Dale was Chair of the National Consumer Communications Committee.

He is currently a National Director for the National Association of REALTORS® (NAR), Vice-Chair of Member Communications Committee for NAR and Immediate Past President for Washington REALTORS®.

Dale is recognized nationally for his mix of traditional real estate and technologically cutting edge marketing. In his spare time, Dale enjoys CrossFit, photography, musical theatre and sharing his city with anyone who will pay attention. Dale has been seen on the stage at industry events such as Inman Connect New York and San Francisco, Inman Agent Reboots, REBarCamps across the country, a variety of events in Vancouver, BC and Toronto, Hawaii Association of REALTORS® Annual Conference, WA Association of REALTORS Leadership Conference, NAR MidYear and Annual Conference, REALTOR® Party Training, CRS Sellabration, Florida YPN, RETSO, BuzzRE and BuzzRE Orange County. Non industry events such as #140Conf and Back Fence PDX.

Hosted on Acast. See acast.com/privacy for more information.