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.
SBAC/BSM Town Hall This Saturday!
*Heading* The Small Business Advocacy Council in partnership with Building Strong Millennials is hosting a town hall at the Kroc Center this Saturday! Event Info: The Kroc Center 1250 West 119th Street Chicago, Illinois 60643 11:00 AM – 2:00 PM If you’re interested in learning more about commercial vacancies, how to start a…
Thank you to all the participants at the 2022 SBAC Golf Outing!
THANK YOU for attending our 2022 SBAC Golf Outing on June 29th! Thank you to everyone who came out to White Deer Run Golf Club on June 29th, 2022 to play golf and celebrate the SBAC. It was a beautiful day out in the sun. We had a great time and hopefully you did too!…
Neighborhood Revitalization Coalition Agenda
Revitalize, Empower, and Connect The NRC is working hard to support and revitalize neighborhood business districts. You can find some of the policies we are advocating for here: NRC Agenda SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Tandem HR Interprenet Signature Bank Lexitas Korey Richardson Open One Solutions Freeborn and Peters Founders…
