President Biden outlined his “American Rescue Plan” providing further COVID-19 relief to the nation. The proposal provides an additional $1.9 trillion in relief, including an additional $50 billion to small businesses.
Update: The program will re-open the loan portal to Paycheck Protection Program-eligible lenders with $1 billion or less in assets for first and second draw applications tomorrow, Friday, Jan. 15 at 9 a.m. ET.
Today, the Small Business Administration and the Department of the Treasury officially reopened the Paycheck Protection Program. Only community financial institutions are able to make loan applications this week. The PPP opens to all other participating l
Read Big “I” President & CEO Bob Rusbuldt’s statement on yesterday’s attack on the Capitol.
Democratic control of the U.S. Senate will have a multitude of impacts on legislative issues critical to agents and brokers and small businesses including taxes, health care, and COVID-19 relief.
On Jan. 5, Democrats prevailed in two Georgia runoff elections for the U.S Senate, effectively completing a Democratic sweep of the White House, Senate and U.S. House of Representatives.
Late Wednesday, the Small Business Administration and the Department of the Treasury issued new guidance on the recently revived Paycheck Protection Program. Here is what you need to know.
Late last week, the U.S. Senate followed the House in voting to override President Trump’s veto of the National Defense Authorization Act. The new law represents a reporting requirement victory for small businesses.
Here’s what Big “I” members need to know about the package, which includes roughly $325 billion in small business relief, including $284 billion for the Paycheck Protection Program.
The U.S. Senate is scheduled to vote on President Trump’s veto in the coming days.