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.
NRC Events This Week
We Are Coming to Your Neighborhood! The Neighborhood Revitalization Coalition will be at local events this week promoting our robust agenda to revitalize, empower, and connect Cook County business districts! Here is a link to our Calendar: NRC Calendar | SBAC We will be attending the following events: Logan Square Farmers Market 3107 W Logan…
NRC This Weekend: Hyde Park Farmers Market July 24th
Come join us this Sunday! Come join the Neighborhood Revitalization Coalition this Sunday at the Hyde Park Farmers Market! We will be at the market promoting the NRC’s robust agenda and talking to the amazing community of Hyde Park. Information for the event is below. We hope to see you there! Hyde…
SBAC/BSM Town Hall This Saturday!
*Heading* The Small Business Advocacy Council in partnership with Building Strong Millennials is hosting a town hall at the Kroc Center this Saturday! Event Info: The Kroc Center 1250 West 119th Street Chicago, Illinois 60643 11:00 AM – 2:00 PM If you’re interested in learning more about commercial vacancies, how to start a…
