Policy News – August 6, 2020

Reminder! The deadline to apply for a Paycheck Protection Program loan is August 8, 2020. On Tuesday morning, Visa released a Back to Business study to explore the impacts of COVID-19 and help provide solutions to small and medium-sized businesses. Entrepreneurs and...

Policy News – July 29, 2020

On Monday, Capitol Hill said goodbye to the Honorable John Lewis (D-Ga.). The late Congressman was lain in state under the Capitol Rotunda — the first Black member with that honor — as hundreds of his colleagues paid respects. On the small business front, Senator...

Policy News – July 22, 2020

Last Friday, the House Committee on Small Business held a hearing entitled, “Oversight of the Small Business Administration and Department of Treasury Pandemic Programs” to hear from Steven Mnuchin, Secretary of the U.S. Treasury (Treasury), and Jovita...

Policy News – July 15, 2020

The House Committee on Financial Services held a virtual hearing titled, “Access Denied: Challenges for Women- and Minority-Owned Businesses Accessing Capital and Financial Services During the Pandemic.” Key witnesses include Ron Busby Sr., President and...

Policy News – July 8, 2020

Last week, the Congress passed legislation to extend the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) loan application period through August 8, 2020. The extension measure was signed into law by the president over the weekend. To date, the...

Policy News – July 1, 2020

The window for Paycheck Protection Program (PPP) closed yesterday, June 30, 2020.  As of Monday evening, the program had about $134 billion in available liquidity remaining. To view the PPP approvals report through June 27,2020, click here.  the Department of Labor...