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.
Cook County Assessor Candidate Forum
SBAC Presents: Cook County Assessor Candidate Forum 2022 The SBAC and a robust number of business organizations held a candidate forum for Cook County Assessor. You can watch the forum and hear from Cook County Assessor Friz Kaegi, Commissioner Kari Steele and Mr. Tsatsoulis the individuals running for Cook County Assessor here! We have marked…
REVITALIZATION IN THE NEWS: Outdoor Dining Along Glenwood Avenue in Rogers Park Kicks Off Friday As Part Of Chicago Alfresco Program
“The program could be renewed for up to three if this run is successful,” Hadden wrote. Dining in the streets returns Friday to Rogers Park on Glenwood Avenue. This is a part of the Chicago Alfresco initiative, which seeks to create opportunities for long term community public spaces across Chicago. Small businesses are an integral…
REVITALIZATION IN THE NEWS: City Leaders Announce 15,000 Jobs for Teens and Young Adults
New summer opportunities available for Chicago’s teens and young adults. Jobs, volunteer opportunities and arts programs will be available at Chicago Public Schools, Chicago Park District, Chicago Public Libraries and other city agencies. This comes after the pandemic has sidelined these programs over the past two years. These programs making a return provide a…
