SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program
Release Date: Friday, June 12, 2020 Release Number: 20-46 Contact: Press_Office@sba.gov, (202) 205-7036 WASHINGTON—The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP). This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into…
LISC Small Business Relief Grants for small businesses facing immediate financial pressure because of Covid-19.
The Round 4 application period is now open. Click here to apply. Your application must be completed by Wednesday, June 17th, 11:59 p.m. ET. Before completing the application, we recommend you review our Grant Information Overview and FAQ, which can be found here. Please keep the following in mind: For business owners with multiple…
Response to the Murder of George Floyd
The AHANA Multi-Ethnic Business Association Board of Directors would like to express our strong condemnation of the Minneapolis Police Officers whose uncalled-for manner of restraint, and lack of sensitivity and human compassion, has led to the senseless death of George Floyd, an African American man who was buying groceries. This…
House passes legislation to give small businesses more flexibility with PPP loans
By Megan HenneyFOXBusiness Lawmakers approved the legislation in a nearly unanimous 417-1 vote. Loan recipients would only have to spend 60 percent of the aid on maintaining payroll — including salary, health insurance, leave and severance pay — rather than the current 75 percent rule (plus they would no longer have to…
Spokane County Approved for Phase 2 in Reopening the State
Article from Spokane Valley Chamber Email Spokane County’s COVID-19 variance application requesting approval to fully implement Phase II of Governor Inslee’s Phased Approach to Reopening Washington Plan has been approved with the following conditions: An individual business is only allowed to reopen after it can implement the state guidelines for…
SBA Releases PPP Loan Forgiveness Application and Detailed Instructions
SBA News Updates View this news release from the SBA Website The SBA, in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP…
PPP funds still available and EIDL portal reopens
SBA News Updates Paycheck Protection Program (PPP) Has Helped More Than 3.8 Million Small Businesses … And Counting Since the launch of the PPP April 3, the SBA has processed more than 3.8 million loans for more than half a trillion dollars of economic support. In the second round of…
Economic Injury Disaster Loan (EIDL) and EIDL Advance Portal Reopens Today for Agricultural Businesses
SBA News Update SBA Administrator Jovita Carranza announced today that agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal reopened today as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation,…
PPP Resumes April 27, 2020
SBA News Updates Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the…
New Funding: ArtsWA CARES Act Relief Grants
ArtsWA is pleased to provide rapid-response funding to non-profit and fiscally sponsored arts groups and organizations that are facing financial hardship due to economic impacts related to the COVID-19 pandemic. This funding, in the form of grants, is provided by the CARES Act via the National Endowment for the Arts….