Chamber Family Welcomes New Leadership

In addition to welcoming Trey Rogers as the chair of the Denver Metro Chamber, its family of organizations – the Colorado Competitive Council, Denver Metro Chamber Leadership Foundation, Denver Metro Small Business Development Center and the Metro Denver Economic Development Corporation – all welcomed new board leadership. They’re part of our collective work to make … Read Post

SBA Clarifies PPP Forgiveness Deadline

We have good news: Halloween won’t be as scary as originally thought for the millions of small businesses that took out Paycheck Protection Program (PPP) loans of $50,000 or less. The U.S. Small Business Administration (SBA) has confirmed that the deadline for PPP loan forgiveness applications is not Oct. 31 as originally expected and will … Read Post

Denver to Reopen with Restrictions Starting Saturday

Denver Releases Requirements for Businesses to Reopen Starting Saturday  Denver Mayor Michael Hancock announced that businesses can reopen Saturday, but with some detailed requirements to continue social distancing and slow the spread of COVID-19. The rules are in addition to requiring people to wear facemasks in public, an order that went into effect yesterday. The following … Read Post

Latest News on PPP Loans

SBA Taking PPP Loan Apps Only from Small Lenders This Evening  To ensure access to the Paycheck Protection Program (PPP) for the smallest lenders and their small business customers, the U.S. Small Business Administration (SBA) announced it will accept loans only from lending institutions with asset sizes less than $1 billion from 2 p.m. through … Read Post

SBA to Resume Accepting PPP Loans Monday

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, White House Reach Deal for More Small Business Relief

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