Brown Bag Luncheon: Building a Better Budget
Presented by Redwood Credit Union
The County of Lake in partnership with Redwood Credit Union will be hosting a webinar on Building a Better Budget. The 30-minute webinar will focus on all elements of creating a budget: best practices, tips for success and traps to avoid; followed by a 15-minute Q&A to answer questions.
Building a Better Budget
For those looking to establish a budget and learn tips on Money Management.
Date: Thursday, November 17th
Time: 11:30am – 12:15pm, 12:30pm-1:15pm
Location: Microsoft Teams
Complete the form below to register.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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