WOSB self-certs to end on Oct. 15, SBA says

      Women-owned small businesses (WOSBs) currently have the option to self-certify as such on the SBA’s https://certify.sba.gov website through Oct. 15, SBA recently announced.

      After that date, the options for WOSBs and EDWOSBs are:

• SBA’s new no-cost online certification process on https://beta.certify.sba.gov, which began operating this month;
• These third-party certifiers:
  1. El Paso Hispanic COC;
  2. National Women Business Owners Corporation
  3. US Women’s Chamber of Commerce; and
  4. Women’s Business Enterprise National Council

Read more at:
SBA WOSB Program Information: https://bit.ly/39zHZC5

SBA awards record-high $125B in EIDL loans

      As of June 26, the SBA had approved more than 2 million coronavirus-related Economic Injury Disaster Loans (EIDL) to small businesses, James Rivera, associate administrator for disaster assistance, testified at a House Small Business Committee hearing recently.

      “In just three months, the agency approved and disbursed nearly twice as many EIDL loans for COVID-19 as we have in the past 67 years for all disaster loans in all other disasters combined,” Rivera said.

      In all its history from 1953 until the COVID-19 pandemic, the SBA had distributed a total of $20.9 billion for EIDL loans to 338,000 small businesses for hurricanes, floods and other disasters, he said.

Read more at:
Rivera’s testimony:https://bit.ly/3hKywL7

Inside this edition:

FY2020 contracting expected to hit record $645B; $174B in 4thQ

SBA gets new Assoc. Admin for GovCon

New final rules in effect soon

Dem Senators aim to lift MBDA; invest $350B for minority needs

SBA limits 8(a) bids with JVs for STARS III

Senate passes NDAA, 86-14

Tribes appeal ANC funds

Column: The Main Street Lending Program

Washington Insider:

Coronavirus Update