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.
Larger Tax Credits for Hiring Formerly Incarcerated Individuals
Download PDF here SBAC INSIGHTS PAGE Illinois Policymakers Take Bold Action to Support Businesses and Foster Opportunities for Formerly Incarcerated Individuals Press Release SBAC INSIGHTS PAGE
Policy Committee Contact Information
Policy Committee Contact Information: Aaron Smith Escapingtheoddspodcast@gmail.com Alona Anspach alona.anspach@ihtwm.com Beth Kregor bkregor@ij.org Cathie Van Wert cathie@doubletakedesign.com Chris Lautenslager chris@get-looped.com Chris Allen callen@wshscpa.com Chuck Scharenberg chuck@moreprofitmorefreedom.com Claudia Thornton director@glenellynchamber.com Danielle Petty DANIELLE@LTCONSULTLLC.COM Dean Alonis Dean.alonis@gmail.com DeRondal Bevly derondal@rubyrosestrategies.com Diana Cafi dcafi@healthproinnovation.com Gina Lipscomb gina@rjlipscomb.com Heather Jones hjones@vopf.com Ian Tobin ian@lincolnsquare.org Isaac Troncoso isaactroncoso5@gmail.com Ivy Walker…
SBAC Advocacy Update
SBAC INSIGHTS PAGE August 6, 2024 We are excited to share some updates about the work we are doing to support the small business community! You can visit our website to learn more about all our advocacy efforts. Enhanced Tax Credit for Hiring Formerly Incarcerated Individuals Last year we championed a law focused on reducing the costs…
