Economic development staff report SBDC caseload, EIN delay affecting client funding
Business development staff said the Small Business Development Center is serving 39 clients, and several clients are delayed in receiving EINs, holding up funding and bank processes; an entertainment client is ready to present to lenders for startup costs.
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Grant Linenberger, Business Development, updated the board on several small-business and SBDC client matters and reported an ongoing issue with delayed Employer Identification Number (EIN) issuance that is preventing awarded funding from moving to beneficiaries.
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