Update on PPP Loans
April 8, 2020As the nation’s banks have been responding to unprecedented loan requests under the new CARES Act Paycheck Protection Program, the Senate and administration appear ready to approve additional spending for the program as early as this week. NSBA has cautioned its members to move quickly where possible given the likelihood...
READ MORENSBA Urges Treasury to Update Guidance
April 2, 2020On Wednesday, NSBA helped craft and deliver a coalition letter to Treasury seeking updates and improved guidance on the CARES Act Paycheck Protection Program loans.
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NSBA Releases Detailed FAQ
March 31, 2020NSBA has developed a new FAQ to help you sort thorough all the COVID-19 related assistance, lending, employer rules, tax relief and much more.
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Beware of Lending Scams
March 31, 2020NSBA is urging caution when moving forward with any SBA lending program, as we are hearing more and more about small businesses being targeted by predatory lenders
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CARES Act Guidance Now Available
March 31, 2020Treasury has come out with new guidance and the application for the new Paycheck Protection Program (PPP) loans under the CARES Act.
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NSBA Applauds House Passage of CARES Act
March 27, 2020On Friday, March 27, the U.S. House approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which includes critical language to provide small businesses relief.
READ MORE Senate Approves Stimulus Bill
March 26, 2020Late Wednesday night, the U.S. Senate approved the CARES Act which includes $350 billion in small-business stimulus funds.
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Final Language on Small Business Stimulus
March 25, 2020Earlier today, final language of the small-business section of the CARES Act was released by Sen. Marco Rubio, and NSBA is urging lawmakers to quickly pass it.
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Updated: New Sick Leave Guidance from DOL
March 25, 2020New sick leave requirements from the Department of Labor (DOL) may impact small businesses and require certain employers to provide to their employees expanded family and medical leave for reasons related to COVID-19. It affects small businesses who now have to implement this change. The U.S. Department of Labor’s Wage...
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Senate Reaches Deal on Stimulus Package
March 25, 2020The Senate is poised to approve a massive stimulus bill today, the Keeping American Workers Employed and Paid Act, which includes $350 billion to help America’s small-business community. Despite high tensions and heated debate over the past week, it appears the Senate has reached a deal which is expected to...
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