NSBA, Fundation Urge Fed on Small Biz Lending

December 17, 2020

NSBA and Fundation today submitted a joint proposal to the Federal Reserve Board that would create a new public-private partnership to provide critically-needed working capital to America’s small business community

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Possible Action on Stimulus Bill

December 16, 2020

Late last week, a bipartisan group of Senators and Representatives released a framework summary of stimulus legislation which is currently being debated.

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Treasury to End Fed’s Lending Programs

November 24, 2020

Last week, Treasury Secretary Steven Mnuchin announced his plan to let a handful of pandemic-related lending programs expire, specifically the Federal Reserve’s Main Street Lending Program.

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Stimulus Bill Outlook Unclear

October 22, 2020

Earlier this week, the Senate failed to pass a standalone measure authorizing a second round of PPP forgivable loans to small businesses.

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PPP Forgiveness Application Simplified

October 9, 2020

On Thursday, Oct. 8, the Treasury Department and the U.S. Small Business Administration (SBA) unveiled a new, simplified Paycheck Protection Program (PPP) loan forgiveness application for loans worth $50,000 or less. They also announced a new exemption for the same group of borrowers so they wouldn’t have to reduce their...

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