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PPP Deadline Extended To May 31st

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.

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Logan Square Activation Ribbon Cutting

By jake@sbacil.org | July 1, 2022

Thank you Logan Square Chamber of Commerce for having us! The SBAC and our Neighborhood Revitalization Coalition had the pleasure of attending the Solidary Triangle Plaza Activation hosted by the Logan Square Chamber of Commerce. We spoke with some of the great people of Logan Square about our goals to revitalize, empower and connect Cook…

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By jake@sbacil.org | June 22, 2022

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By diego@sbacil.org | June 20, 2022

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