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Small Business Administration

SBA offers disaster assistance to businesses, residents affected by Hurricane Sally

Businesses and residents in Alabama counties designated as disaster areas after Hurricane Sally can now apply for low-interest disaster loans from the U.S. Small Business Administration. Small Business Administration administrator Jovita Carranza issued a statement following the announcement of the presidential disaster declaration, which began Sept. 14. “The SBA is strongly committed to providing Alabama … Continued
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September 24, 2020

Chamber of Commerce stresses need for Congress to pass coronavirus aid

The executive vice president and chief policy officer of the U.S. Chamber of Commerce, Neil Bradley, on Saturday expressed concerns that Congress still needs to pass a coronavirus aid package, even though President Donald Trump did issue executive orders on the economic recovery from the coronavirus pandemic. “While well-intentioned, today’s Executive Orders are no substitute … Continued
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August 10, 2020

Payroll Protection Program deadline has been extended to Saturday

Congresswoman Martha Roby, R-Montgomery, this week reminded business owners that the deadline to apply for the Payroll Protection Program, knowns as the PPP, has been extended to Saturday. “The Small Business Administration’s Paycheck Protection Program (PPP) application deadline was recently extended to Saturday, August 8,” Roby wrote in an email to constituents. “Do not forget … Continued
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August 5, 2020

Deadline to apply for the Payroll Protection Program is near

U.S. Rep. Gary Palmer, R-Hoover, and Alabama Gov. Kay Ivey on Wednesday both released statements to remind business owners impacted by the coronavirus crisis that the deadline to apply for a loan under the Payroll Protection Program is next week. “Reminder: the deadline to apply for a Paycheck Protection Program loan is coming up next … Continued
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June 25, 2020

Ivey is grateful that the Payroll Protection Program is taking applications again

The Small Business Administration’s Payroll Protection Program resumed accepting loan applications Monday after Congress passed and the president signed legislation last week replenishing the funds in the PPP, which ran out of money on April 16. Alabama Gov. Kay Ivey urged Alabama small businesses to quickly take advantage of the program. “Alabama small businesses are … Continued
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April 28, 2020

Trump signs bill replenishing funds for Payroll Protection Program

Friday, President Donald J. Trump (R) signed a nearly half-trillion-dollar coronavirus relief bill that replenishes the money for the Payroll Protection Program, a Small Business Administration program that makes small-business loans to prevent layoffs during the forced economic shutdown to fight the spread of the coronavirus. The $484 billion bill is the fourth large coronavirus … Continued
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April 27, 2020

Rogers votes to replenish the Payroll Protection Act

Thursday, Congressman Mike Rogers, R-Saks, voted in favor of HR266, the Paycheck Protection Program and Health Care Enhancement Act. The House of Representatives passed the bipartisan bill which now goes to President Donald J. Trump (R) for his signature. “Today I voted for the Paycheck Protection Program and Health Care Enhancement Act,” Rep. Rogers said. … Continued
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April 24, 2020