WASHINGTON – The U.S. Small Business Administration announced Fiscal Year 2020 summary loan data of the financial assistance provided through traditional loan program lending as well as aid provided via the CARES Act. Loans guaranteed through traditional SBA lending programs exceeded $28 billion; however, enactment of the CARES Act dramatically increased loan volume guaranteed by…
A PPP factsheet for borrowers that provides a high-level overview of what they have to do as part of the PPP Forgiveness process has been developed for SBA field offices and SBA Resource Partners. The basic premise is that the borrowers in all cases should work with their PPP lenders on forgiveness. Here is the…
Carlton Robinson promoted to Chief Innovation Officer and will lead these important efforts. Published Wednesday, October 14, 2020 10:30 am JAX Chamber executive and entrepreneur Carlton Robinson has been named JAX Chamber’s Chief Innovation Officer and will lead the Venture Services Division that has been revamped to better reflect into role in fostering an innovation…
July 16, 2020 | Release Number 20-57 WASHINGTON – Today, SBA Administrator Jovita Carranza announced the appointment of seven senior executives in 2020-to date to administer the Agency’s programs and advocate for small businesses. “I am proud to announce the appointment of these senior executives to play a critical role in managing and realigning the delivery of our products…
Outstanding news for those of you who received a PPP Loan of $50,000 or less. Attached are a few links for SBA Forms 3508, 3508EZ and our new SBA Form 3508S. Please use SBA Form 3508S for Loan Forgiveness if the loan amount disbursed to you/your company/church, etc. was $50,000 or less. This new, streamlined,…
SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today following the enactment of the Paycheck Protection Program (PPP) Flexibility Act: “We want to thank President Trump for his leadership and commend Leader McConnell, Leader Schumer, Speaker Pelosi, and Leader McCarthy for working on a bipartisan basis to pass this legislation for small businesses participating in the…
