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 President: Chicago Politicians Must Choose Small Business Over Politics
SBAC President Elliot Richardson writes in Crain’s Chicago Business that Chicago politicians must choose small businesses over politics and cut needless red tape now. Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald…
Post Pandemic Real Estate Trends
The SBAC presents a webinar on Post-Pandemic real estate trends. Elliot Richardson, President, SBAC Frank Binetti, Inland Bank Steve Horvath, Conlon Commercial Anthony Zeoli, Freeborn & Peters, LLC Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet…
SBAC Action Call – Urge Chicago Aldermen to Cut Unnecessary Red Tape
Urge Chicago Aldermen to Cut Unnecessary Red Tape! Chicago politicians must put small businesses and Chicago’s economic recovery over politics. There has never been a more important time for policymakers to work together to cut unnecessary red tape that hurts small businesses and local communities. Small businesses presently need Chicago’s City Council to approve their…
