President Biden Signs PPP Extention Act
Attention Small Business Owners: President Biden just signed the PPP Extension Act of 2021 which extends the Paycheck Protection Program an additional two months until May 31st. The Act also provides an additional 30-days for the SBA to process pending applications.
Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, states: “More than 8.2 million PPP loans have provided struggling small businesses with the relief they need to keep workers employed and make ends meets during this pandemic. The SBA remains dedicated to reaching the heart and soul of the nation’s urban, rural, and low-income communities – the smallest businesses – and removing barriers to access this vital relief.”
You now have until May 31st to apply for your first or second round of PPP funding. For more information, see the SBA’s full release here.
Saul Ewing: Key Employment Law Changes and Regulatory Developments
SBAC INSIGHTS PAGE We’re excited to share some insightful articles from our valued partner, Saul Ewing LLP, that cover important developments in employment law and regulatory updates. These resources provide valuable information for our SBAC members and are a great way to stay informed about recent legal changes and their potential impact on your business.…
Chicago Small Business Package: Eliminate Barriers & Streamline Processes
SBAC INSIGHTS PAGE Fact Sheet in Spanish Fact Sheet in Polish Fact Sheet in Arabic Fact Sheet in Chinese Fact Sheet in Vietnamese Find and Contact Your Elected Officials HERE! Download PDF here Download the Quick Fact Sheet here for key information on this initiative. Endorsed By: Alderman Anthony Beale Alderman Felix Cardona Alderman Peter…
Small Business Financing Transparency Act
SBAC INITIATIVES PAGE Small Business Financing Transparency Act Find and Contact Your Elected Officials HERE! Download One-Pager View HB Bill Language View SB Bill Language Download the Quick Fact Sheet here for key information on this initiative.
