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SBA @SBAgov
@plante808 Hi! Sorry to hear that. Maybe try reaching out to @SBA_Hawaii at 808-541-2990: https://t.co/sFE5k85W8t — PolitiTweet.org
SBA @SBAgov
Updated PPP Lender forms, guidance, and resources are available at https://t.co/cXJFQ6bQ5X — PolitiTweet.org
SBA @SBAgov
SBA also is calling upon its lending partners to redouble their efforts to assist eligible borrowers in underserved and disadvantaged communities. — PolitiTweet.org
SBA @SBAgov
The opening of the SBA loan system is designed to efficiently and effectively implement the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act and to ensure increased access to the PPP for minority-, underserved-, veteran- & women-owned small business concerns. — PolitiTweet.org
SBA @SBAgov
Additionally, SBA plans to dedicate specific times to process and assist the smallest PPP lenders with loan applications from eligible small businesses. — PolitiTweet.org
SBA @SBAgov
A few days later, additional lenders will be able to submit First and Second draw PPP loan applications. SBA will continue to provide updates on systems operations during the week of Jan. 11, 2021. — PolitiTweet.org
SBA @SBAgov
A Second Draw PPP loan is for certain eligible borrowers that previously received a PPP loan, generally have 300 employees or less, and has suffered a 25% reduction in gross receipts. At least $15B is set aside for additional PPP lending by CFIs. More: https://t.co/cMZVsJT62I — PolitiTweet.org
SBA @SBAgov
On Jan. 13, participating CFIs may begin submitting application information to SBA for Second Draw PPP loans. — PolitiTweet.org
SBA @SBAgov
These lenders made up approximately 10% of all PPP participating lenders in 2020. A First Draw PPP loan is for those borrowers who have yet to receive a PPP loan before the program closed in August 2020. Learn more about First Draw PPP loans: https://t.co/EcNgIRSf3R — PolitiTweet.org
SBA @SBAgov
When the PPP loan portal re-opened today, it initially accepted First Draw PPP loan applications from participating CFIs, which include Community Development Financial Institutions, Minority Depository Institutions, Certified Development Companies and Microloan Intermediaries. — PolitiTweet.org
SBA @SBAgov
SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions (CFIs) that typically serve these concerns. — PolitiTweet.org
SBA @SBAgov
NEW: SBA, in consultation @USTreasury, re-opened the #PaycheckProtection Program loan portal earlier today. ➡️Read the full announcement: https://t.co/xp7DrXVXmv ➡️Learn more about the program: https://t.co/cXJFQ6bQ5X https://t.co/pRP8yrpWiF — PolitiTweet.org
SBA @SBAgov
𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Today, SBA launched Ascent, a 🆕 digital platform featuring training materials, videos, and more to help #WomenInBusiness recover and grow their business. Take the first step on your journey and #JoinTheAscent! ➡️ https://t.co/1MisR53CTw https://t.co/pBYzAv6zWQ — PolitiTweet.org
SBA @SBAgov
#WomenInBusiness: Interested in competing for #fedgov contracts? You'll need to get certified for the women-owned small business federal contracting program to get started. ▶️Learn how to do it in 6️⃣ steps: https://t.co/F9qMDn3GEG ▶️More: https://t.co/HoER6bB503 #WOSBReady https://t.co/mgd0BWYIxm — PolitiTweet.org
SBA @SBAgov
Get free #smallbiz mentoring, counseling, and training near you through SBA resource partners like @SCOREMentors. ➡️ Find local business assistance: https://t.co/oG9al18RwZ #MentoringMonth https://t.co/gVOdX5ID09 — PolitiTweet.org
SBA @SBAgov
Great #smallbiz advice from @SCOREMentors mentor Marc Goldberg! #MentorMonday #MentoringMonth https://t.co/l3UPHFIZXb — PolitiTweet.org
SBA @SBAgov
RT @SBAJovita: This morning, #PPP reopened to first time borrowers. Summary below 👇🏼 https://t.co/5tDxLOy93v — PolitiTweet.org
SBA @SBAgov
𝗧𝗢𝗗𝗔𝗬 𝗔𝗧 𝟭𝗣𝗠 𝗘𝗧: Join @SBAJovita for a webinar on the launch of Ascent, a new online digital learning platform to help America's nearly 10 million women entrepreneurs grow and scale their small businesses. ➡️ Register here: https://t.co/kZcqLRkQ22 https://t.co/JmIjRanPIY — PolitiTweet.org
SBA @SBAgov
The #PaycheckProtection Program has provided financial relief to millions of small businesses across America. Next week, the program re-opens for new borrowers and certain existing PPP borrowers. ➡️ Read the details: https://t.co/Ym39KCzQnB #FlashbackFriday https://t.co/jyux4G9UQA — PolitiTweet.org
SBA @SBAgov
#ICYMI: SBA and @USTreasury announced the #PaycheckProtection Program will re-open the week of January 11. Here's everything you need to know: https://t.co/P6fX6fRdIB — PolitiTweet.org
SBA @SBAgov
• Has no more than 300 employees; and • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020 For more information on SBA’s assistance to small businesses, visit https://t.co/cijnBZXCG4 or https://t.co/JV57uTd88B — PolitiTweet.org
SBA @SBAgov
A borrower is generally eligible for a Second Draw PPP Loan if the borrower: • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses — PolitiTweet.org
SBA @SBAgov
• Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount • Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan — PolitiTweet.org
SBA @SBAgov
• The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations • Greater flexibility for seasonal employees — PolitiTweet.org
SBA @SBAgov
Key updates include: • Borrowers can set their loan covered period to be any length between 8 & 24 weeks to best meet their needs • Loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, & worker protection expenditures — PolitiTweet.org
SBA @SBAgov
This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284B toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan. — PolitiTweet.org
SBA @SBAgov
To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. — PolitiTweet.org
SBA @SBAgov
BREAKING: SBA in consultation with @USTreasury announced today that the #PaycheckProtection Program will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. https://t.co/xg6UruxZd2 — PolitiTweet.org
SBA @SBAgov
SBA also issued interim final rules on: ▶️The #PaycheckProtection Program as Amended by the Economic Aid Act: https://t.co/R8EQEdEHxM ▶️PPP Second Draw Loans: https://t.co/IhyqOLOr90 — PolitiTweet.org
SBA @SBAgov
NEW: SBA has issued updated #PaycheckProtection Program guidance on accessing capital for minority, underserved, veteran and women-owned business concerns. ▶️ Download and read the updated guidance: https://t.co/wgl5EQNtaz https://t.co/SxZAbXu6hp — PolitiTweet.org