President Biden signs “PPP Extension Act of 2021” extending application deadline to May 31, 2021

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Photos credit: White House President Joe Biden signed into law H.R. 1799, the “PPP Extension Act of 2021,” on Tuesday, March 30, 2021. The “PPP Extension Act of 2021,” extends the Paycheck Protection Program (PPP) application deadline to May 31, … Read More

SBS can help you apply for PPP for free before March 31st deadline

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NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced that SBS is continuing to help businesses connect to the Paycheck Protection Program (PPP) in the 2 weeks remaining until the program is set to end on March 31, … Read More

Biden-Harris administration announces changes to PPP benefiting small businesses left behind in previous relief efforts

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The Biden-Harris administration announced several reforms targeting the PPP to the smallest businesses and those that have been left behind in previous relief efforts. While these efforts are no substitute for passage of the American Rescue Plan, they will extend … Read More

SBA’s-Economic-Injury-Disaster-Loans-and-Advance-Program-Reopens-after-release-of-New-Guidance-Regarding-Paycheck-Protection-Program

SBA’s Economic Injury Disaster Loans and Advance Program Reopens after release of New Guidance Regarding Paycheck Protection Program

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On June 15, 2020, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible U.S. small businesses and non-profits, experiencing economic impacts due to COVID-19. SBA’s EIDL program offers long-term, … Read More