COVID-19

Survey: 3 in 10 small businesses won’t survive past the next three months, need immediate grant assistance

Publisher: 
Small Business Majority
English
Date: 
Friday, February 26, 2021

As Congress advances the American Rescue Plan, a $1.9 trillion stimulus relief package intended to combat the ongoing COVID-19 public health and economic crisis, Small Business Majority’s new survey reveals the current state of small business and how they’ve been served by previous stimulus programs. Importantly, the survey finds that without additional funding, 3 in 10 small businesses will not survive past the next three months.

Small Business Majority Board Member testifies to the U.S. the Senate Committee on Banking, Housing, and Urban Affairs

Small Business Majority Board Member Jessica Milano testified in front of the U.S. the Senate Committee on Banking, Housing, and Urban Affairs about the impacts the COVID-19 pandemic has had on Main Street. Specifically, she spoke on how many of the communities hardest hit by the pandemic have been communities of color, how despite significant Federal support, minority-owned businesses continue to experience challenges accessing capital, and how Congress should reauthorize the State Small Business Credit Initiative to address these market gaps.

English
Submitted by Small Business Majority on Thu, 02/25/2021 - 07:08

Bed sheets and Bootstrapping: One small business owner’s guide to surviving the pandemic and making a difference

Posted: February 25, 2021

After a trip to visit a friend’s son at a local pediatric ward left Kevin Gatlin disheartened, he became determined to make lengthy hospital stays more comfortable for kids and parents alike. He thought about how his kids utilize the limited space in their own bedrooms by playing games, doing homework and reading on their beds. From this point, Kevin let his imagination run wild and created Playtime Bed Sheets, interactive sheets to help keep kids entertained from the comfort of a bed. 

English

Georgia small business owners continue to face setbacks from the pandemic, identify policy solutions to support their businesses

Publisher: 
Small Business Majority
English
Date: 
Tuesday, March 2, 2021

The COVID-19 pandemic has strained Georgia’s economy and public health system, while small businesses across the state continue to face significant financial setbacks that are hampering their recovery. A new survey sheds light on the state of small business in Georgia, as well as their views on policy solutions that can boost their businesses and provide important support to their employees.  

California small businesses struggling to access capital, need more help to ensure financial recovery

Publisher: 
Small Business Majority
English
Date: 
Tuesday, February 23, 2021

Nearly a year into the COVID-19 pandemic that has strained California’s economy and public health system, small businesses across the state continue to experience significant financial setbacks. A new survey of California small business owners reveals that their struggles are being exacerbated by challenges accessing capital, and they strongly support policy solutions that would deliver the financial relief they need to survive this year-long crisis.

Small Business Majority supports Wisconsin's SB2 Senate Amendment 4

Small Business Majority submitted a letter to the Wisconsin Senate Comittee on Financial Institutions and Revenueof in support of SB2 Senate Amendment 4, which would bring Wisconsin state tax laws for small businesses in conformity with the CARES Act and federal income taxes regarding small business owners’ ability to deduct allowable expenses paid from Paycheck Protection Program (PPP) loans on their state income taxes.

English
Submitted by Small Business Majority on Thu, 02/18/2021 - 10:23

State loan fund provides a lifeline for small business owner in California

Posted: February 18, 2021

When Alicia Villanueva moved to California in the early 2000s, she discovered the ways in which she could learn about different cultures through their native cuisines. And as someone who loves to cook and share her own culture, she worked for many years with her family to turn her passion into a real business. Today, Alicia is the proud owner of Alicia’s Tamales Los Mayas, a catering company and food processor facility located in Hayward, Calif. 

English

Small businesses struggling to access capital, harming their financial recovery

Publisher: 
Small Business Majority
English
Date: 
Wednesday, February 17, 2021

Small business owners continue to experience significant financial setbacks from the COVID-19 pandemic that are being exacerbated by challenges accessing the capital they need to sustain their businesses. A new national survey of small business owners sheds light on their struggles to secure financing and their views on policy solutions that could help small businesses survive and grow post-pandemic.

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