Census Bureau: Small Business Pulse Survey Phase 3 Weekly Data Released
The U.S. Census Bureau today released new data from the third phase of the Small Business Pulse Survey. Data collection began November 9, 2020. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data are available through the Small Business Pulse Survey Interactive…
SBA: Small Business Size Standard Revisions in Five Industrial Sectors Proposed
Change Aimed at Increasing Eligibility for Contracting and Loan Programs. Public Comments Due by Jan. 26, 2021 The U.S. Small Business Administration is seeking public comments on a proposed rule that would revise the small business size standards for businesses in five North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting…
Federal Reserve: Board Announces Extension Through March 31, 2021 for Several of Its Lending Facilities
Facilities were generally scheduled to expire on or around December 31 The Federal Reserve Board on Monday announced an extension through March 31, 2021, for several of its lending facilities that were generally scheduled to expire on or around December 31. By backstopping critical short-term funding markets, these facilities are supporting market functioning and enhancing…
Census Bureau: Small Business Pulse Survey Phase 3 Weekly Data Released
The U.S. Census Bureau today released new data from the third phase of the Small Business Pulse Survey. Data collection began November 9, 2020. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data are available through the Small Business Pulse Survey Interactive…
Census Bureau: Small Business Pulse Survey Phase 3 Weekly Data Released
The U.S. Census Bureau today released new data from the third phase of the Small Business Pulse Survey. Data collection began November 9, 2020. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data are available through the Small Business Pulse Survey Interactive…
EDA: $2.4 Million in CARES Act Recovery Assistance to Implement a Technical Assistance Program and Support Businesses in Louisana
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to the Louisiana Department of Economic Development, Baton Rouge, Louisiana, to develop a technical assistance program and support business attraction and retention efforts across the state in response to adverse…
SBA: Election of New Chair and Vice-Chair on the Small Business Development Center Advisory Board Announced
SBA welcomes Bertica Cabrera Morris as Board Chair and Lea Marquez Peterson as Vice-Chair on the SBDC Advisory Board. The U.S. Small Business Administration is pleased to welcome the new Chair and Vice-Chair to the National Small Business Development Center (SBDC) Advisory Board. Bertica Cabrera Morris will serve as Board Chair, and Lea Marquez Peterson will serve…
SBA: Small Business Size Standard Revisions Proposed in Three Industrial Sectors
Public Comments Due January 12; Change Targeted at Increasing Eligiblity for Contracting and Loan Programs The U.S. Small Business Administration is seeking public comments on a proposed rule that would revise the small business size standards for businesses in three North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting…
Census Bureau: Third Phase of Small Business Survey Announced
The U.S. Census Bureau today announced the start of data collection for the third phase of the Small Business Pulse Survey. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data from the first and second phases of the Small Business Pulse…
FDIC: New Report Highlights the Contributions of Community Banks to the Paycheck Protection Program
An analysis of call report data from FDIC-insured banks finds that community banks are playing a vital role in supporting small businesses through the Small Business Administration’s Paycheck Protection Program (PPP). Community banks hold nearly a third of all bank-held PPP loans, compared to holding only 15 percent of all bank loans, according to a…