SBA Disaster Business Loan

In the spirit of helping as many people as possible, I’m sharing my experience applying for the SBA Disaster Business Loan.

Steven C Wallace, Founder, The Omanhene Cocoa Bean Company.

This EIDL (Economic Injury Disaster Loan) seems to be the primary source of small business assistance extended by the federal government.

The application process demands patience above all else.  The website is understandably under stress and pages take a long time to load.  You must apply online; unlike other SBA loans, you cannot apply via your local business banker. 

I completed the application on March 24, 2020 after two days of work.  I’d allow 5-7 hours to complete the application — part of this time is devoted to the actual work of assembling supporting financial material and part is due to the wait times as the site accepts your data and moves you along to the next page of the application.

Good luck. Stay safe.  I’m happy to offer encouragement and assistance if you need help.

Steven C Wallace

United Nations Association of Dane County Lecture

February 19, 2019 at 7:00 pm

at the Madison Public Library Central Branch, Room 301

Sponsored by the United Nations Association of Dane County, the Institute for Regional and International Studies at UW-Madison and the UW-Madison African Studies Department.

During this lecture, learn more about Omanhene Cocoa Bean Company headquartered in Milwaukee that works closely with chocolate production in Ghana.

Relationship to UN Program Goals:
     8:  Decent Work and Economic Growth
     9:  Industry, Innovation and Infrastructure
     12:  Responsible Production and Consumption
     15:  Life on Land

Note: Steve Wallace has a book titled “Obroni and the Chocolate Factory: An Unlikely Story of Globalization and Ghana’s First Gourmet Chocolate Bar“.
If you have a copy please bring it with you. He will be signing books at the event!

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