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Date: Jan. 28, 2021 | NFL21-02                         Contact: Nayana.sen@sba.gov | 904-443-1933      lola.kress@sba.gov | 404-330-4737 Jacksonville, Fla. – As part of ongoing transparency of economic aid programs, the U.S. Small Business Administration (SBA) recently released data summarizing Paycheck Protection Program (PPP) loan approvals made through Jan. 24, 2021. The SBA re-opened the PPP Jan. 11 with $284…

Release Date: [January 27, 2021] Release Number: 21-14 Contact: [Tiffani.Clements@sba.gov | www.sba.gov/news Public Comments Due by March 15, 2021 WASHINGTON – The U.S. Small Business Administration  published an interim final rule effective January 13, 2021 allowing 8(a) Program participants to elect a one-year program extension in the SBA’s 8(a) Business Development Program due to the challenges…

Release Date: January 26, 2021 Release Number: 21-13 Contact:press_office@sba.gov, www.sba.gov/news WASHINGTON – The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible to access much needed PPP funds. The Biden-Harris Administration is focused on ensuring small businesses receive…

Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on Friday – Continuing Dedicated Access for Community-Based Lenders WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion…

Community Financial Institutions get dedicated access starting January 11 WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal today at 9 am ET. SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by…

Ascent built to assist nearly 13 million women-owned small businesses WASHINGTON – The U.S. Small Business Administration Administrator Jovita Carranza, today announced the launch of Ascent, a first-of-its-kind, free digital e-learning platform geared to help women entrepreneurs grow and expand their businesses.  Ascent has valuable content such as tips on preparing and recovering from disasters,…