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U.S. Small Business Administration News

Web Site: http://www.sbaonline.sba.gov
409 Third Street, SW, Washington, DC 20416
Tel: (860) 240-4654 Fax: (860) 240-4659

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CARES Act-Phase 2

January 4, 2021

On Sunday, December 27 the Consolidated Appropriations Act 2021 (H.R. 133) was signed into law and includes the Coronavirus Response and Relief Supplemental Appropriations Act 2021. This much anticipated legislation will provide additional relief to small businesses through the Paycheck Protection Program, the Economic Injury Disaster Loan Advances, and a new grant opportunity for live venues as a part of the Save Our Stages Act.

These new or reauthorized programs will provide much needed relief to the hardest hit small businesses across the country, even certain businesses that have already participated in these programs. The team at SBA are standing ready to deliver these resources, but it will take a little more time to issue the new rules required and update the processes.

As soon as official guidance is available, SBA District Offices around the country will get the information out as quickly as possible through webinars and bulletins such as the one you are reading now.

For up to-date information click on these links below:
Coronavirus (COVID-19): Small Business Guidance & Loan Resources (sba.gov) Click here

Member News is provided as a service of the Midstate Chamber of Commerce and is also featured in the monthly "Chamber News" newsletter mailed to members.