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SBA Enhances COVID Economic Injury Disaster Loan Program to Aid Small Businesses Facing Challenges from Delta Variant

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On September 9, 2021 U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster relief loan designed to better serve and support our small business communities … Read More

Small Business Administration to Connect Technology Innovators & Entrepreneurs with Research Funding

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Photo credit: Gorodenkoff The U.S. Small Business Administration will host 2021 National SBIR Week on July 19 through July 23 for small business innovators. The virtual event will connect entrepreneurs working on advanced technology to the country’s largest source of … Read More

SBA Launches Supplemental Targeted Advance for Small Businesses Hardest Hit by COVID-19

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Photo credit: Iryna The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million … 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

Small Business Administration will resume accepting PPP loan applications on April 27

Coronavirus : Small Business Administration will resume accepting PPP loan applications on April 27

by | posted in: African Diaspora New York, African entrepreneur, African Immigrant New Yorkers, African immigrant women, African women entrepreneur, African-American community in New York, Africans in New York/Africains de New York, Coronavirus, Photos & News - African New Yorkers in Harlem and Beyond |

President Trump signed on April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act which includes:   $320 billion for the Paycheck Protection Program with $30 billion dollars going to small financial institutions $50 billion dollars for the … Read More