SBA: Official Restaurant Revitalization Fund Application and Guidelines Announced
Economic relief prioritized for underserved communities SBA Administrator Isabella Casillas Guzman today announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RRF). The restaurant industry has been among the hardest-hit sectors during the economic downturn caused by the COVID-19 pandemic. To help bring jobs back and revive the industry, the American Rescue Plan, signed into law by President Joe Biden, established the $28.6…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
EDA: $3 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Small Businesses in 17-County Region of Kentucky
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Community Ventures Corporation, Lexington, Kentucky, to provide critical gap financing to small businesses economically impacted by the coronavirus pandemic in the Bluegrass Region of Kentucky. This EDA grant will…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in Berwyn, IL
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Berwyn Development Corporation, Berwyn, Illinois, to capitalize a Revolving Loan Fund that will provide critical gap financing to small businesses in the Chicago suburb. This EDA grant, to…
EDA: $1.1 Million Invested to Establish Technology Accelerator in Grand Forks, ND
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the city of Grand Forks, North Dakota, to convert a historic downtown building into a technology accelerator. This EDA project, to be matched with $1.1 million in local funds, is expected to create…
SBA: Deadline for Veterans Business Outreach Center Funding Opportunity Extended
The U.S. Small Business Administration announced today that private organizations, colleges and universities, private sector firms, nonprofit organizations, and state, local or tribal governmental agencies across Pennsylvania, Delaware, Washington, D.C., Maryland, Northern California, and Nevada have an extended deadline to apply for funding no later than 11:59 p.m. EDT on Sunday, April 25, 2021. This grant opportunity assists with training and counseling to aspiring and existing…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
SBA: Lending Limit for COVID-19 Economic Injury Disaster Loans Increased
The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000…