Act Quickly for SBA Support You Deserve
By Patty Boyers, Chairman of the ACA Connects Board of Directors and President of BOYCOM Vision
Hey ya’ll! Last week Congress approved and the President signed new COVID-19 stimulus legislation that makes $300 billion more available to ACA Connects Members that have 500 or fewer employees through the Small Business Association’s (SBA) “Payroll Protection Program” (PPP) and $10 billion more in the SBA’s Emergency Injury Disaster Loan Program (EIDL), plus others.
My small company, BOYCOM Vision, qualified for PPP funding in the first round and you can too! ACA Connects Members that qualify should act quickly for SBA funds that can help you keep your teams together as you also work to “Keep Americans Connected!”
The Small Business Administration will resume accepting PPP loan applications on Monday, April 27 at 10:30 a.m. ET from approved lenders on behalf of any eligible borrower.
For more information, check out these resources:
- Joint Statement by Treasury Secretary Steven T. Mnuchin and SBA Administrator Jovita Carranza on the Resumption of the Paycheck Protection Program
- SBA PPP Program
- SBA EIDL Program
- SBA Express Bridge Loans
- SBA Debt Relief
- General SBA COVID-19 information and access to SBA counselors can be found here.
- There’s more information too on ACA Connects’ COVID-19 CARES Act/Stimulus page.
We’ll keep you posted. Thank you for all you are doing! Y’all stay safe! We are #StrongerTogether!
Patty