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.
REVITALIZATION IN THE NEWS: Hyde Park Farmers Market Opens Sunday!
The Hyde Park Farmers Market will return to the parking lot behind the Hyde Park Bank Building, 1525 E. 53rd St., this Sunday, June 5. The Hyde Park Farmers Market will return to the parking lot behind the Hyde Park Bank Building, 1525 E. 53rd St., this Sunday, June 5. The event is co-hosted…
Woodlawn Coffee Chat: A Community Conversation
A Woodlawn Chamber of Commerce event: Join Woodlawn Chamber for the Woodlawn Coffee Chat on Wednesday, June 1st at 6:00p to have a virtual conversation with local community organizations and elected officials about how research tools can be used to identify policy-relevant concerns and strengthen community practices. Supported by The Chicago Community Trust, The Joyce…
REVITALIZATION IN THE NEWS: 51st Corridor Development
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