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.
Letter to Alders
To Members of the Chicago City Council: Chicago small businesses have faced many challenges over the past several years and encountered numerous obstacles while attempting to recover from the devastating pandemic. Disinvested communities continue struggling to fill vacant storefronts, attract businesses, and foster economic development. We ask that you refrain from passing the Chicago Paid…
Chicago Paid Leave and Paid Sick and Safe Leave Ordinance
A press conference was held at City Hall to highlight concerns with the PTO ordinance and ask that changes to the ordinance be made. Hear from business owners, community advocates, and local chambers who passionately discussed their concerns and suggested possible improvements to the ordinance below. Over 30 chambers of commerce and place-based organizations sent…
GRCC & SBAC Empower | Business Development Program
A New Program w/ The Greater Roseland Chamber of Commerce Just this morning – as of writing – SBAC Empower, Andrea Reed of The Greater Roseland Chamber of Commerce, and Chris Lautenslager of Get Looped LLC finalized our discussion on the future Mentoring and Business Building program coming to the GRCC in the Near Future!…
