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Where to find aid for small businesses hurt by COVID pandemic

Established by the American Rescue Plan, the Community Navigator program launched May 25 to leverage a hub-and-spoke model to reach the nation s smallest businesses, with a priority focus on those owned by socially and economically disadvantaged individuals, as well as women and veterans.
Competitive grant awards will range from $1 million to $5 million for a two-year performance period.
Status: Nonprofits; state, local and tribal governments; SBA resource partners; and other organizations can apply through July 12, and the SBA anticipates making award decisions by August. More details can be found on the Notice of Funding Opportunity website.
The SVOG program, established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act, has awarded more than $3 billion in funds to 411 venues, with an average award of $740,000. The program includes more than $16 billion in grants to shuttered venues, with the fun ....

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Don't overlook the employee retention credit

Don't overlook the employee retention credit
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Restaurant Revitalization Fund grant minimums could be $1,000

The National Restaurant Association divulged more information on Restaurant Revitalization Act grant eligibility, timeline, and funds
The National Restaurant Association released a Restaurant Revitalization Fund FAQ Friday divulging more information on grant eligibility, timeline, and fund distribution for restaurant operators. The Restaurant Revitalization Fund was passed as part of the American Rescue Plan signed into law by President Biden on March 11. Although the Small Business Administration has not yet released official guidance for the application process, they are expected to begin taking applications by the end of the month.
Here are some important updates about the RRF, as detailed in the FAQ published by the National Restaurant Association. The FAQ is based on the association s work with the SBA and will be updated as the SBA releases its final regulatory guidance decisions. ....

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COVID news: US hits 500,000 deaths; Britain lockdown; Biden PPE loans

COVID news: US hits 500,000 deaths; Britain lockdown; Biden PPE loans
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COVID news: US hits 500,000 deaths; Britain lockdown; Biden PPE loans

COVID news: US hits 500,000 deaths; Britain lockdown; Biden PPE loans
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