Coronavirus

EDA: $915,210 in CARES Act Recovery Assistance Invested to Support Travel and Tourism Sectors in Las Vegas, NV

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $915,120 CARES Act Recovery Assistance grant to the Nevada System of Higher Education, Las Vegas, Nevada, to support the post-pandemic revitalization of Nevada’s travel and tourism sectors. This EDA grant, to be matched with $228,780 in local investment, is expected to create…

EDA: $644,045 in CARES Act Recovery Assistance Invested to Support Manufacturing Research and Workforce Development at the University of South Alabama

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $644,045 CARES Act Recovery Assistance grant to the University of South Alabama in Mobile, to renovate the Laboratory for Additive Manufacturing, creating a cyber research hub and supporting workforce development efforts. This EDA grant will be matched with $161,011 in local investment….

Census Bureau: Data Collection Begun for New Institute of Education Sciences School Pulse Panel Survey

The U.S. Census Bureau recently began collecting data for the new Institute of Education Sciences (IES) School Pulse Panel (SPP) Survey as part of the efforts to measure the impact of the COVID-19 pandemic on public school students and staff. The SPP is a new study sponsored by the National Center for Education Statistics (NCES) in the…

SBA: PPP Direct Borrower Forgiveness Portal Surpasses Expectations and Accepts More than 340,000 Submissions in First Two Weeks

SBA portal significantly outpacing top PPP lenders not utilizing the Agency’s direct forgiveness tool in forgiveness submissions Since the opening of the Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal on August 4, the U.S. Small Business Administration has received more than 340,000 submissions from borrowers with PPP loans of $150,000 or less, highlighting Administrator Isabella Casillas Guzman’s priority of rushing relief to the smallest of small businesses and far exceeding expectations.  In providing its new, streamlined portal, the SBA is also executing…

Census Bureau: Small Business Pulse Survey Phase 6 Begins

The U.S. Census Bureau today announced the beginning of data collection for Phase 6 of the Small Business Pulse Survey (SBPS). This experimental survey was designed and launched in April 2020 to measure temporal economic trends in the nation’s small businesses and provide insight into the scope of impact of the pandemic response in the United States….

SBA: $2.7 Million in Grants Awarded to 14 Women’s Business Centers

Funding Aims to Help Improve Innovative Projects Aiding Women-owned Businesses Impacted by COVID-19 The U.S. Small Business Administration issued 14 grant awards of up to $200,000 each to organizations in 13 states as part of the Women’s Business Centers (WBC) Resiliency and Recovery Demonstration Grant under the SBA’s Office of Women’s Business Ownership (OWBO). The purpose of the grants is…

FDIC: Request for Information on Supervisory Approach to Bank Examinations During the Pandemic Issued

The Federal Deposit Insurance Corporation (FDIC) today issued a Request for Information (RFI) seeking feedback and comments from FDIC-supervised financial institutions regarding the FDIC’s supervisory approach to examinations during the pandemic, including the impact of off-site activities on institution operations, the effectiveness of technology used to carry out off-site activities, and the effectiveness of communication…

EDA: $5.1 Million in CARES Act Recovery Assistance Invested to Improve Marine Cargo Infrastructure in Hoonah, AK

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million CARES Act Recovery Assistance grant to the city of Hoonah, Alaska, to make critical infrastructure improvements to the Hoonah Marine Industrial Center Cargo Dock. This EDA grant is expected to create or retain nearly…

EDA: $2.6 Million in CARES Act Recovery Asssistance Invested to Support Hospital Business Park Improvements in Shelburne, IN

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to the town of Shelburn, Indiana, to construct new water infrastructure and provide an adequate water supply and fire suppression capacity at the town’s Sullivan County Community Hospital Business…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Boost Manufacturing and Industrial Development in Sikeston, MO

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Sikeston, Missouri, to support development of the South Industrial Park. This EDA project, to be matched with $657,000 in other federal funds and $236,700 in local funds, is expected…