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.
Forum on Small Businesses and Child Care
The cost of affordable and quality childcare has kept people from re-entering the workforce. This has significantly impacted many small businesses that continue struggling to find employees to support their operations. Join us for a virtual forum with Chairwomen Carol Ammons and Representative Edgar Gonzalez to discuss how to help get people struggling with childcare…
Thank you for joining us at the 2022 SBAC C.A.N Holiday Party!
THANK YOU for attending our 2022 SBAC C.A.N Holiday Party!! Thank you to everyone who came out to our Holiday Party on December 1st, 2022 to celebrate the holiday season and the SBAC. It was a beautiful day out in the sun. We had a great time and hopefully you did too! Want to…
Hear From our NRC Coalition Partners
The Small Business Advocacy Council and a coalition of engaged stakeholders have come together to revitalize, empower, and connect commercial corridors in the Chicagoland area. This is a collaborative effort involving grassroots engagement, policy advocacy, and educational initiatives. Our coalition looks to address the vacant property crisis in Cook County, cut red tape that burdens…
