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.
Coalition Engagement Sparks New Chicago Zoning Guide
Navigating the zoning rules in Chicago just became easier. The newly released Chicago Department of Business Affairs and Consumer Protection (BACP) Chicago Business Zoning Guide will help small businesses and property owners more easily navigate the zoning process in Chicago. This was crucial as chambers of commerce and small business advocates advised that clear,…
NRC New Look, New Logo, Same Mission
New Look, New Logo, Same Mission In our 2nd year of actively and ardently working to revitalize neighborhoods throughout Chicago, we thought we’d bring a fresh new look to the incredible work that the SBAC and a robust group of chamber partners have spearheaded. We continue to advocate for policy reform to reduce vacancies, cut…
Forum on Small Businesses and Child Care
The cost of affordable and quality childcare has kept people from re-entering the workforce. This has significantly impacted many small businesses that continue struggling to find employees to support their operations. Join us for a virtual forum with Chairwomen Carol Ammons and Representative Edgar Gonzalez to discuss how to help get people struggling with childcare…
