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.
How small businesses are being impacted by the rise in COVID-19 cases
Elliot Richardson, co-founder and president of the Small Business Advocacy Council, joins Anna Davlantes to talk about how small businesses are being impacted by the Delta variant and COVID-19 cases rising around the country. Has there been enough support to keep our small businesses running throughout the pandemic? Please translate this page to the language of…
IACCE Chamber Call with Senate President Harmon
IACCE Chamber Call with Senate President Harmon The SBAC and Illinois Association of Chamber of Commerce Executives hosted Senate President Harmon, Senator Castro and Senator Sims for a broad discussion about how the small business community and Illinois Senate can work together. There has never been a more important time to advocate for the small…
What Small Business Needs to Make It Through
What small business needs to make it through An advocate has advice and a forecast for the sector as entrepreneurs navigate a pandemic that remains in flux. This week Chicago Comes Back welcomes Elliot Richardson, co-founder and president of the Small Business Advocacy Council, an organization dedicated to advocating for small businesses in Illinois. We…
