Dedicated to training and assisting women in business or those who want to start a business.

New Policy Updates to the PPP Program

SBA and Treasury have released new policy updates to the PPP program. In particular, this rule updates and clarifies the forgiveness procedures from the PPP Flexibility Act and the new forgiveness forms. Please READ this rule and the new forgiveness applications. Highlights from the Rule: Businesses may apply for forgiveness at any time during the Covered Period once they meet…

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SBA and Treasury Announce New PPP EZ Forgiveness Application

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands Release Date: June 17, 2020                               SBA and Treasury Announce New PPP EZ Forgiveness Application Revised Full Forgiveness Applications Also Available WASHINGTON—Today, the U.S. Small Business Administration, in consultation with the U.S. Department of…

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SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program

The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP). This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5, 2020, and expands eligibility for businesses with owners who have past felony convictions. To implement the…

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New Website for Small Businesses: Resources Related to COVID-19 Pandemic

AWBC has recently launched a new website at the request of U.S. Congress and the SBA to consolidate federal agency information and resources for small businesses related to the COVID pandemic at www.covid-sb.org

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands  Release Date: May 15, 2020                                Contact:  Press_Office@sba.gov, (202) 205-7036  Follow us on Twitter, Facebook, Blogs & Instagram SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application WASHINGTON—The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions…

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Paycheck Protection Program Funds Still Available Round Two still has over $100 Billion for Borrowers in Need

ATLANTIC REGION  New York, New Jersey, Puerto Rico & U.S. Virgin Islands  NEW YORK, NY – Billions of dollars in potentially forgivable Payroll Protection Program (PPP) capital remains available to small businesses and nonprofits to help provide eight weeks of payroll and certain overhead to keep workers employed. PPP, created out by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is responsible for infusing…

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AGRICULTURAL BUSINESSES & CERTAIN NON-AG BUSINESSES

Agricultural businesses may apply for the Economic Injury Disaster Loan and EIDL Advance program on a limited basis beginning today, May 4, 2020 at 12:00 noon. For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying. Due to limitations in funding availability…

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