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.
What Small Business Needs to Make It Through
What small business needs to make it through An advocate has advice and a forecast for the sector as entrepreneurs navigate a pandemic that remains in flux. This week Chicago Comes Back welcomes Elliot Richardson, co-founder and president of the Small Business Advocacy Council, an organization dedicated to advocating for small businesses in Illinois. We…
Big win for small businesses!
SBAC Applauds Mayor Lightfoot and City Council For Providing Small Businesses a Big Win For Immediate Release July 21, 2021 Statement by Small Business Advocacy Council (SBAC) President Elliot Richardson: The SBAC and a robust coalition of business and community organizations have been fighting to reduce the time it takes for small businesses to obtain…
Your Ideas Can Have a Big Impact!
The resurgence of Illinois’ economy will strongly correlate to the recovery of the small business community. Do you have an idea? Let us know your ideas on policies, initiatives, and programs that may help the small business community by filling out this form! Please translate this page to the language of your choice. Supporters Fifth…
