So much of what we’ve been through during this pandemic has been unpredictable and the directives of how to best manage this time have been changing quickly. This next phase is a critical one as we all consider reopening our workplaces. This is a moment where we really need and want to make the right … Read Post
SBA to Resume Accepting PPP Loans Monday The U.S. Small Business Administration (SBA) will again begin accepting applications for the Paycheck Protection Program (PPP) on Monday at 8:30 a.m. President Trump signed a bill Friday that provides $484 billion in more funding to respond to the COVID-19 pandemic, including $320 billion more for forgivable loans and $60 billion for Economic … Read Post
Congress and White House Reach Deal for Additional Small Business Relief Congress and the Trump administration have come to an agreement on a $484 billion deal that includes $321 billion for the Paycheck Protection Program, $60 billion for economic disaster assistance, $75 billion for hospitals and $25 billion for coronavirus testing. The Senate passed the … Read Post
What’s most impressive to me right now is how much you – our members – are working for each other to ensure our regional economy rebounds from this pandemic. You are showing how Colorado businesses rally around each other – why we had the strongest economy before COVID-19 and how resilient we’ll be as our … Read Post
SBA No Longer Taking PPP and EIDL Applications The U.S. Small Business Administration (SBA) has run out of appropriated funding for both the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program. “SBA is unable to accept new applications at this time for the PPP or the EIDL COVID-19-related assistance program (including EIDL Advances) based on available appropriations funding,” … Read Post
There’s no denying it – COVID-19 has impacted all of us. But underlying all these changes are the values that make Colorado unique – these values helped us build the strongest economy in the nation and these values will help us get through this crisis as well. In Colorado, we work together. We’ve seen businesses pivoting from making ski gear or … Read Post
PPP Loans Open Today to Self-Employed Individuals and Independent Contractors Independent contractors and individuals who are self-employed can begin applying for the Paycheck Protection Program (PPP) today. Small businesses and sole proprietors began applying a week ago. PPP provides potentially forgivable loans in amounts to cover 2.5 months of payroll or $10 million (whichever is less). To apply, … Read Post
