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.
Small Business Mayoral Forum Recap
The Small Business Advocacy Council and a robust number of chambers and organizations hosted a small business mayoral forum. This was a lively discussion about each candidate’s visions for supporting small businesses and neighborhood business districts. We want to thank all of the local chambers of commerce that partnered with us on this important forum.…
SBAC Women in Business: Roundtable on Small Businesses and Child Care
The SBAC Women in Business hosted a virtual roundtable with Chairman Edgar Gonzalez Jr. to discuss accessibility to affordable child care and small businesses. It was an insightful conversation and we sincerely thank Chairman Gonzalez for taking the time out of his busy schedule to join us and for championing this legislation! We look forward…
Welcome Our New BOD Member!
Welcome Sherry Jursa! We’re happy to welcome Sherry Jursa from PNC‘s Business Banking wing to the Empower Board. Sherry holds an MBA from Northern Illinois University and a BA from North Central College in Political Science. With over 15 years’ experience in banking, Sherry is a proven professional who strives to provide excellence while meeting…
