James A. Wilcox

“Getting Cash During the Virus Crisis: Loans, Forgivable Loans, and Grants

Two of our current EWMBA students, Lance Barnard and Austin Yoder, and I explain the how small businesses can benefit from the April 2020 federal government assistance programs that intend to help small businesses that have been hurt by the virus crisis. The entire application process is quick and easy. Because of their generous terms and conditions, these programs can greatly benefit small businesses—as well as contractors, sole proprietors, and the self-employed. We explain how most, or even all, of a Paycheck Protection Program (PPP) loan will be forgiven. For three cases, we calculate how much can be borrowed—and how much will be forgiven.  We also describe other business loan, grant, and tax credits that are currently available.

Here is a link to our presentation: Getting Cash During the Virus Crisis--How and Why for Small Businesses_Contractors_Sole Proprietors_ and the Self-Employed.pdf

Haas School of Business
University of California, Berkeley
545 Student Services Building
Berkeley, CA  94720-1900

Phone: (510) 642-2455

Homepage: https://haas.berkeley.edu/faculty/wilcox-james/

Among the topics of my research have been credit union conversions, mutual thrift conversions, economies
of scale and costs in credit unions, bank mergers, deposit insurance reform, house prices and the housing
market, the unbanked, the banking safety net, competition in financial regulation, small business lending,
and the effects of GSEs on the economy.

To download my resume, click here: Vita in pdf (Acrobat) file. (If necessary, download Acrobat reader).



  • 1978-present: Professor, Haas School of Business, UC Berkeley
  • 1990-91: Senior Economist, President's Council of Economic Advisers
  • 1991-92: Economist, Federal Reserve Board
  • 1999-2001: Chief Economist, Office of the Comptroller of the Currency, Washington, DC





    "Credit Union Conversions to Banks: Facts, Incentives, Issues and Reforms," Filene Research Institute, May 2006.

    "Economies of Scale and Continuing Consolidation of Credit Unions," FRBSF Economic Letter, Number 2005-29, November 4, 2005, pp. 1-4.

    "The Baby Boom, 'Pent-Up' Demand, and Future House Prices" (with Joe Peek), Journal of Housing Economics, v. 1, 1991, pp. 347-367.


    Updated: 04/19/18 ichithavong.  Photograph by Jim Block.
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