7(a) Fee Waivers Coming to an End

September 29, 2021

Despite some confusion over the past week, SBA has announced that CARES Act-related fee waivers are currently still in effect--however they will end by Sept. 30.

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SEC Report on Small Business Forum

September 29, 2021

Recently, the SEC's Office of the Advocate for Small Business Capital Formation delivered a report to Congress which includes various policy recommendations.

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Reconciliation: SBA Aid & Investment

September 15, 2021

On September 9, the House Small Business Committee approved $25 billion in small-business aid over the next decade in its portion of the $3.5 trillion tax and spending legislation.

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Small Business Committee Advances New Bills

August 10, 2021

On July 29, the House Committee on Small Business held a hybrid markup of legislation to amend the Small Business Act and the Small Business Investment Act. All seven bills passed out of the committee with bipartisan support.

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PPP Forgiveness Portal Open

August 10, 2021

Last week, the U.S. Small Business Administration opened a new application portal for direct Paycheck Protection Program (PPP) forgiveness. The portal allows borrowers to apply for forgiveness directly with SBA, which will streamline forgiveness applications for over 6.5 million businesses. The initiative is only for loans of $150,000 or less,...

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Feds Exceed Small Biz Contracting Goal

August 2, 2021

The SBA announced that the federal government exceeded its small business contracting goal. For FY20, small businesses received $145.7 billion in federal contract dollars, a $13 billion increase from the previous year.

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Update on SBA Loan Forgiveness

July 28, 2021

Later this week, the SBA will push to accelerate the end of the PPP by making it easier for businesses to get their loans forgiven by launching a loan forgiveness portal.

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