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.
The SBAC Heads to Springfield to Fight for the Small Business Community
The SBAC Heads to Springfield to Fight for the Small Business Community The Small Business Advocacy Council (SBAC) is heading to the capitol on Tuesday, November 15, 2022. We will be focused on procuring relief for local chambers of commerce devastated by the pandemic during the short legislative session this fall. It is imperative our…
SBAC 2022 Legislative Agenda
SBAC 2022 Legislative Agenda The Small Business Advocacy Council (SBAC) is laser-focused on formulating and fighting to pass policies that support small businesses and local communities. Learn more about our 2022 Legislative Agenda here: Legislative Agenda SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Tandem HR Interprenet Signature Bank Lexitas Korey Richardson Open…
*CLOSED* the Cook County Small Business Source Grow Grant Program!
Apply for the Cook County Small Business Source Grow Grant Program! The SBAC advocates for the small business community in numerous ways, including by disseminating important information about programs that will support small businesses. The Cook County Small Business Source Grow Grant program will provide grants to certain small businesses still struggling to recover from the pandemic.…
