National

Small business owners worried about PPP loan forgiveness

Publisher: 
Small Business Majority
English
Date: 
Thursday, May 28, 2020

Small Business Majority surveyed its national network of small business owners to better understand who has benefited from the Paycheck Protection Program (PPP) created by the CARES Act, and to shed a light on their concerns with the program. The survey reveals a strong majority of small businesses have applied for a PPP loan, but most are worried about having the loan forgiven. 

Small business needs during and after the coronavirus crisis: A roadmap to recovery

Publisher: 
Small Business Majority
English
Date: 
Thursday, May 7, 2020

From stock market dips to shuttered storefronts, it’s no secret that the COVID-19 public health crisis has put too many businesses on the brink of collapse. Our network of 65,000 small businesses have painted a dire reality of what they are facing throughout the crisis, which has elevated the need for government officials to better understand the challenges faced by our nation’s entrepreneurs.

Small business owners report devastating impacts of COVID-19, need immediate cash assistance to survive

Publisher: 
Small Business Majority
English
Date: 
Tuesday, April 14, 2020

It’s no secret that the spread of COVID-19 around the country has already had a devastating impact on small businesses. With the economy on pause and uncertainty gripping communities across the country, Main Street has been left to cope with how to stay afloat during this unprecedented time.

Small Business Majority urges SBA to disburse EIDL funds and cash advances in a timely manner

Amidst reports that small business owners around the country are waiting days and weeks to receive their Economic Injury Disaster Loan (EIDL) funds and that borrowers are not receiving their loan advances as required by the recent stimulus package, Small Business Majority sent a letter to the U.S. Small Business Administration demanding that they address this issue and ensure better communication and efficiency in the loan process. 

English
Submitted by [email protected] on Wed, 04/08/2020 - 15:51

Small Business Majority Comments on CRA Proposed Rule Changes

Today, Small Business Majority submitted comments to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation regarding proposed rules changes to the Community Reinvestment Act. Some of Small Business Majority's concerns include that these proposed changes would negatively impact underserved entrepreneurs in low and moderate income (LMI) communities and disincentive banks from making qualified smaller-dollar loans that are the lifeblood of small businesses. 

English
Submitted by Awesta Sarkash on Wed, 04/08/2020 - 05:42

Small Business Majority calls on congressional leadership to allocate $250 billion in small business grant assistance in COVID-19 stimulus package

On March 22, Small Business Majority sent a letter to Senate and House leadership calling on Congress to provide immediate grant assistance to small businessses being harmed by COVID-19. 

English
Submitted by [email protected] on Sun, 03/22/2020 - 14:44

Meet Our Outreach Team -- Awesta

Posted: March 9, 2020

Small Business Majority’s Outreach Team advocates for entrepreneurs on two fronts: It supports policies that would benefit small firms, and it offers workshops and events that help small business owners grow their companies. We’re sitting down with members of our Outreach Team to provide an introduction and let small business owners know how our team members can assist them.

This week we are spotlighting Awesta Sarkash, Small Business Majority’s Government Affairs Manager.

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