PPP Runs Out of Money
May 5, 2021The 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, 2021The 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, 2021The 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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New PTO Tax Credits for COVID-19 Vaccines
April 22, 2021Recently, President Biden announced a PTO tax credit to offset the cost for small employers to provide PTO for employee leave associated with the COVID-19 vaccination.
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House OKs Small Business Committee Bills
April 20, 2021Last week, the House considered four bipartisan Small Business Committee bills. All of these bills were reintroductions from last Congress, and passed with bipartisan support.
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PPP Funds Running Out
April 7, 2021SBA 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, 2021Today, March 30, President Joe Biden signed legislation delaying the Paycheck Protection Program (PPP) deadline to May 31.
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Senate Passes Clean PPP Extension
March 25, 2021Senate voted 92-7 in favor of legislation delaying the Paycheck Protection Program (PPP) deadline to May 31 from March 31.
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SBA Increases EIDL Caps
March 25, 2021On Wednesday, March 24, the U.S. Small Business Administration announced a series of reforms to the COVID-19 Economic Injury Disaster Loan program.
READ MORE Senate Should Pass Clean PPP Extension
March 25, 2021NSBA is calling on all small businesses to contact their Senators and urge support of a clean bill to extend PPP.
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