Upcoming Webinar

On Thursday, April 9, from 4:30-5:30 pm, we encourage you to catch the following webinar put on by the National Association for the Education of Young Children. You may register for “Paying Yourself, Your Staff, and Your Bills: Helping Child Care Programs Understand and Navigate SBA Loan Options” by following this link: (English) (Spanish)

In addition to the $3.5 billion for CCDBG provided by Congress in the recent CARES Act, there are multiple options for child care programs across states and settings to get financial support to survive this crisis. Since these processes may be complex, this webinar from NAEYC is bringing together expertise from the banking, business, and child care industries with lessons from the first few days following the opening of the Paycheck Protection Program, in order to help you learn about how the different options work, which might be best for you, and what precise steps you have to take to apply for them.

The bulk of the webinar will focus on helping you understand and navigate through the SBA loan options, which we will do by having you hear from a banker; an expert who has worked at the SBA; and a child care provider who has been through the process already. In addition, how these options intersect with unemployment insurance will also be touched on.

(The webinar and above info provided by

Additionally, don’t neglect to take advantage of the SBA loans immediately available to child care providers (First Five Years Fund). This includes the Paycheck Protection Program (PPP). PPP is a $349 billion program designed to help small businesses keep their workers on the payroll and stay afloat during the COVID crisis to avoid closing permanently. Loans provided through this program will be forgiven by the SBA if all employees are kept on the payroll for eight weeks and funds are used for payroll, rent, mortgage interest, or utilities. You may also hear this referred to as the “7(a)” program. More info can be found here: