SBA: New Shuttered Venue Operators Grant Supplemental Awards Begun
Program has delivered over $10 billion in economic relief to 12,000 venues across the nation Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the SBA began supplemental award notifications to eligible applicants this week, through the Shuttered Venue Operators Grant (SVOG) program. Thus far, the SBA has awarded over $10 billion in economic relief to nearly 12,000 venues, providing…
EDA: $820,123 in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Support Small Businesses in Southeast Nebraska
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $830,123 CARES Act Recovery Assistance grant to the Southeast Nebraska Development District, Lincoln, Nebraska, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Butler, Fillmore, Gage, Jefferson, Johnson, Lancaster, Nemaha, Otoe, Pawnee, Polk, Richardson, Saline,…
Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price…
SBA: New PPP Milestone Reached with One Million Borrowers Applying for Direct Forgiveness in Less than Two Months
Administrator Guzman highlights new Direct Forgiveness Portal and other innovations as critical to accelerating reviews and approvals The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less. “We are committed to…
EDA: $2.8 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund and Support Small Business in Las Vegas, NV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the Nevada Business Opportunity Fund, Las Vegas, Nevada, to capitalize and administer a Revolving Loan Fund, providing gap financing to minority and other disadvantaged businesses in Clark County….
SBA: Hurricane Ida Assistance Tops $110 Million
SBA Disaster Relief is Reaching Small Businesses, Homeowners, Renters, and Nonprofits Across Impacted States Isabella Casillas Guzman, Administrator of the U.S. Small Business Administration (SBA) announced today that the agency has delivered more than $110 million in disaster rescue funds to small businesses, homeowners, renters, and nonprofit organizations recovering from damages caused by Hurricane Ida earlier this…
SBA: $5.4 Million in Prizes Announced to Nearly 100 Awardees to Support Inclusive Entrepreneurship in the Innovation Ecosystem
Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman announced 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the Small Business Innovation Research (SBIR) Catalyst competition, a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale, receiving a combined total of $5.4 million in awards. This important…
SBA: National Small Business Week Virtual Summit Highlights Resiliency and Recovery
Prominent small business investors, entrepreneurs, and mentors address nearly 50,000 attendees The U.S. Small Business Administration announced today that this year’s National Small Business Week (NSBW) Virtual Summit drew more than 47,000 participants for the three-day virtual summit. Attendees heard from celebrity business owners, investors, entrepreneurs, and lead advisors from across the small business community, and connected with fellow…
Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price…
EDA: $1.6 Million Invested to Capitalize Revolving Loan Fund and Support Small Businesses in Montgomery, AL
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the South Central Alabama Development Commission in Montgomery, Alabama, to capitalize and administer a Revolving Loan Fund, providing gap financing to local small businesses. This EDA project will be matched with $400,000…