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SBA prioritizes smallest of small businesses in the Paycheck Protection Program Steps taken to promote equitable relief for mom-and-pop businesses   From U.S. Small Business Adminsitration WASHINGTON – Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses.  The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has succeeded in making maj...

Struggling businesses adversely impacted by the COVID-19 pandemic now have access to a second round of Paycheck Protection Program (“PPP”) stimulus funding enacted as part of the...

Small businesses employ nearly half of the American workforce; they create two out of three net new private-sector jobs.

OnDeck explains how small businesses in the US may apply for First or Second Draw PPP loans now through March 31, 2021.

CAA”), which provides $900 billion in new COVID-19 relief funding, was signed into law on December 27, 2020. Section 324 of Title III of the CAA, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (the “ Economic Aid Act”), introduces a new $15 billion grant program through which the U.S. Small Business Administration (the “ SBA”) will provide aid to struggling live venue operators and certain related businesses. This program offers a critical lifeline from the Federal government for the nation’s performing arts venues, movie theatres and museums. Grants made...