Small Business Virtual Summit

The U.S. Small Business Administration (SBA) this week announced that a four-day National Small Business Virtual Summit has been scheduled for the week of May 2 through May 5. Beginning on Monday, May 2, the summit will feature a plethora of virtual events throughout the week, each of which will provide guidance and focus on…

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SBA Opens Review of $500K+ Loans

At long last, beginning today, October 8, the Small Business Administration (SBA) will begin reviewing and qualifying Economic Injury Disaster Loan (EIDL) applications in excess of $500,000. You will recall that the maximum loan amount was increased early last month from the original $500,000 cap to the current $2 million limit. At the same time,…

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Small Biz Window Opens October 8

As was announced by the Small Business Administration (SBA) a couple of weeks ago, major changes to the Economic Injury Disaster Loan program (EIDL 2.0) have been implemented which present a short window of exclusivity for smaller businesses.  Beginning October 8, 2021, the SBA will focus its efforts exclusively on clearing the backlog of EIDL…

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