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.
CDC Shortens Quarantine Period and OSHA Updates Guidance on the ETS
The last two weeks have provided a rollercoaster ride for employers as they grapple with the resurrection of the Occupational Safety and Health Administration’s (OSHA’s) Emergency Temporary Standard (“ETS”) by the Sixth Circuit Court of Appeals, updated guidance from OSHA on the testing protocols under the ETS and new CDC guidance shortening quarantine periods. Employers…
2021 SBAC Small Business Pitch Throwdown Photos
Thank you to everyone who participated in the 2021 SBAC Small Business Pitch Throwdown on December 2nd at Workbox! We had a blast watching the finalists pitch their business with a hearty CONGRATULATIONS to this year’s winner, Mycocycle!! Special thank you to Kristi Ross for being such an inspiration and giving some incredible business advice…
REVITALIZATION IN THE NEWS: New North Austin Community Center Moves Forward
“We saw kids were hopeless. We believe we will give kids the opportunity to find some hope…” The Chicago City Council has agreed to sell public land for one dollar and has provided approval for the development of the North Austin Community Center. The $31 million project is being developed as a partnership between…
