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 Small Business Package
THE SMALL BUSINESS PACKAGE Many small and local businesses have been devastated by the COVID-19 pandemic. The Illinois unemployment rate remains high. Illinois politicians can partner with the small business community to enact policies that will help small businesses through this pandemic, reduce unemployment in our state, grow the Illinois workforce and generate revenue. There…
Conversation on Property Taxes with Commissioner Cabonargi
Conversation on Property Taxes with Cook County’s 2nd District Board of Review Commissioner Michael Cabonargi The SBAC hosted Cook County’s 2nd District Board of Review Commissioner Michael Cabonargi and his Chief of Staff Roland Lara to discuss property assessments and tax appeals. It is important to remind small business owners of their right to appeal…
Thank you to all Participants at the SBAC Golf Outing!
Thank you to all who came out to celebrate the SBAC on August 18th, 2021 at Cog Hill. We all had a great time. Miss it? Or just want to relive some memories? Take a gander at our lovely Digital booklet highlighting our volunteers and sponsors. AND – Check out our FB page for all…
