Skip to content

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.

Insights Archive

SBAC Mentoring Program

By patti@sbacil.org | November 17, 2022

We are thrilled that one of our very own Mentees is the recipient of such an award! We are so proud of you Walter Mendenhall IV and wish you continued success!! #sbacempower #smallbuisness #sbacempowermentoring #MaleMogul And check out Walter’s Linked In Post: https://www.linkedin.com/feed/update/urn:li:activity:6999124047074648064 Learn more about the SBAC Empower Mentoring Program by clicking here. SPONSORS…

New SBAC Empower Educational Webinars

By patti@sbacil.org | November 16, 2022

SBAC Empower strives to provide up to date resources to assist in your small business growth. We are proud to announce new Educational Webinars viewable at your leisure focused on helping small businesses open brick-and-mortar establishments in underserved communities. These webinars review programming that pertains to navigating the process of zoning, licensing, and leasing space…

The SBAC Heads to Springfield to Fight for the Small Business Community

By emma@sbacil.org | November 14, 2022

The SBAC Heads to Springfield to Fight for the Small Business Community The Small Business Advocacy Council (SBAC) is heading to the capitol on Tuesday, November 15, 2022.  We will be focused on procuring relief for local chambers of commerce devastated by the pandemic during the short legislative session this fall.  It is imperative our…

Scroll To Top