PPP Runs Out of Money

May 5, 2021

The SBA announced yesterday that the PPP has run out of money, weeks ahead of its expiration date at the end of May, underscoring the ongoing need for the program. 

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Restaurant Revitalization Fund Opens May 3

April 28, 2021

The Biden administration is looking to launch the new $28.6 billion restaurant grant program on May 3. The Restaurant Revitalization Fund will provide a lifeline to one of the industries hardest-hit by the pandemic.

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Shuttered Venue Grant Program Open

April 26, 2021

The Shuttered Venue Operators Grant (SVOG) program was supposed to begin accepting applications on April 8, but has been stalled due to technical glitches. The SBA announced the application portal reopened on Saturday, April 24.

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PPP Funds Running Out

April 7, 2021

SBA is warning policymakers that funds for the PPP are likely to dry up in April, weeks before the May 31 deadline.

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Biden Signs PPP Extension

March 30, 2021

Today, March 30, President Joe Biden signed legislation delaying the Paycheck Protection Program (PPP) deadline to May 31.

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