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.
Majority of City Council Members Endorse the Chicago Small Business Package
Download Press Release SBAC INSIGHTS PAGE NOVEMBER 20, 2024 FOR IMMEDIATE RELEASE Media Contact: Patti Zikmund // 773-459-3301 // patti@sbacil.org Elliot Richardson // 312-548-8608 // elliot@sbacil.org Majority of City Council Members Endorse the Chicago Small Business Package The Small Business Advocacy Council (SBAC), in collaboration with a robust and diverse coalition of 37 organizations, has secured 30 aldermanic endorsements for…
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