Details on PPP, EIDL, small biz items in American Rescue law

PPP loans up for minorities, women and rural owners;
Grants for restaurant and venue owners starting soon

     The American Rescue Plan law approved two weeks ago is bringing additional loans, grants and other benefits to small businesses, and details continue to unfold on how the dollars are being distributed and for how long.

Paycheck Protection Program (PPP)

      Congress approved an additional $7.25 billion for PPP, expiring on March 31, although there is legislation pending that would extend the date.

      The Biden Administration set up an exclusivity period in which only loans from very small firms with fewer than 20 employees would be considered.

      That two-week exclusivity period from Feb. 24-March 9 resulted in significant increases in loans to small firms owned by......more....

     

Details on PPP, EIDL, small biz items in American Rescue law

Section 3610 extended to Sept. 30

Guzman sworn in to head SBA

Set-aside award percentages plunged dramatically in 2018-19

Vendor self-assessments

Rescissions of Trump era DOL rules

EIDL audit finds billions in fraud, errors

Column: Pay equity changes are coming

Washington Insider:

Coronavirus Update