Last month, we shared how businesses can obtain access to business stimulus dollars through programs such as the Restaurant Revitalization Fund, the Shuttered Venue Operators Grant, the expanded Paycheck Protection Program and Economic Injury Disaster Loans. This month, we are thinking bigger and sharing where the bulk of the federal stimulus dollars are going, and how your business can be prepared to benefit from the American Rescue Plan (ARP), which has released a flood of cash into the … [Read more...] about Preparing for an Influx of Federal Stimulus Dollars
PPP
1.1 Million Paycheck Protection Program Loans Forgiven So Far Totaling Over $100 Billion
The U.S. Small Business Administration has already forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, providing an extraordinary amount of critical relief to America’s small businesses just 3 months since the earliest PPP borrowers’ covered periods ended. “Today’s news is a key indicator that the PPP is working for all small businesses across our Nation,” said SBA Administrator Jovita Carranza. “For any eligible small business continuing to … [Read more...] about 1.1 Million Paycheck Protection Program Loans Forgiven So Far Totaling Over $100 Billion
SBA and USDA Officials Visit Flagstaff
On Wednesday, Sept. 9, SBA Office of Rural Affairs & Regional Administrator Daniel Nordberg; and Associate Administrator for the Office of Field Operations and Regional Administrator for Region IX Michael Vallante are meeting with small business owners who are benefiting from the Paycheck Protection Program (PPP). The rural small businesses are representative of the more than 85,771 loans totaling over $8 billion dollars provided to Arizona’s small business owners through the PPP. The goal … [Read more...] about SBA and USDA Officials Visit Flagstaff
Small Businesses May Still Apply for Paycheck Protection
Funds are still available to small businesses through the second round of the Paycheck Protection Program. The Paycheck Protection Program (PPP) provides loans designed to encourage small businesses to keep their workers on the payroll. Small businesses, sole proprietors, independent contractors and self-employed persons apply for the PPP loans through their banks. Lenders in Northern Arizona, like Neil Wesson at Foothills Bank, are staying busy processing PPP applications. “We have been … [Read more...] about Small Businesses May Still Apply for Paycheck Protection
McSally Introduces Bill to Expand Forgivable Expenses Under the Paycheck Protection Program
U.S. Senator Martha McSally (R-AZ) introduced legislation today to support the safety of consumers and employees during the reopening of the American economy. Her bill would aid small businesses with necessary safety improvements and short-term purchases of personal protection equipment (PPE). The Main Street Enhancement and Safety Act would extend loan forgiveness under the Paycheck Protection Program (PPP) to small businesses for the purchase of PPE for employees or necessary improvements … [Read more...] about McSally Introduces Bill to Expand Forgivable Expenses Under the Paycheck Protection Program
McSally Calls on Big Companies to Return Relief Loans Intended for Small Businesses
McSally Calls on Big Companies to Return Relief Loans Intended for Small Businesses U.S. Senator Martha McSally (R-AZ) joined Fox and Friends this morning and called on large businesses with access to capital to return their relief loans so small businesses and mom-and-pop shops can access vital funding. She also spoke about U.S. posture toward Iran. Watch her interview HERE. See excerpts below: STEVE DOOCY: Right and that's why it’s so frustrating, senator, that they already ran out … [Read more...] about McSally Calls on Big Companies to Return Relief Loans Intended for Small Businesses
