Earlier this week during a virtual event, the SBA announced the grantees for the Biden-Harris Administration’s Community Navigator Pilot Program, an American Rescue Plan initiative designed to reduce barriers that all small businesses, including those owned by disadvantaged groups such as veterans, women, and those from rural communities and communities of color, often face in accessing critical support. The Community Navigator Pilot Program will provide $100 million in funding to 51 organizations that will work with hundreds of local groups to connect America’s entrepreneurs to government resources so they can recover and thrive.
Today, Administrator Isabella Casillas Guzman announced the agency reached $44.8 billion in funding to small businesses through more than 61,000 traditional loans for fiscal year 2021. In the midst of a once-in-a-generation pandemic, the SBA’s mission-driven team delivered a record number of SBA’s traditional loans to our nation’s small businesses – in addition to more than $1.1 trillion in COVID-related relief since the start of the pandemic.
The SBA’s online learning programs are designed to empower and educate small business owners every step of the way. Take advantage of these free programs today.
During National Veterans Small Business Week, November 1-5, 2021, join the SBA and its extensive partner network for a series of virtual events hosted across the country. The events will feature information to help you start, grow, or expand your veteran-owned small business.
The SBA and Public Private Strategies Institute have teamed up to provide small business owners with a series of webinars that will cover resources to help small businesses grow and thrive. Join us for the next session on Wednesday, November 10, 2021 at 2:00 p.m. ET: Community Navigators and Supporting Women Business Owners Women’s Programs.
During this webinar, you will:
- Learn more about COVID EIDL and how you can take advantage before December 31, 2021
- Discover tools and resources you can use to start and grow your business
- Have your questions answered by SBA leadership and small business experts
- Learn how you can become a vaccine leader in your community
- Get an update regarding programs and recent policy announcements made by the Biden-Harris Administration
Earlier this week, the SBA announced the launch of a new Women’s Business Center in Rochester, New York, which will be operated by the Urban League of Rochester, N.Y., Inc. The new center will carry out the mission of helping women-owned small businesses throughout Upstate New York start, grow, and expand their businesses.
Paycheck Protection Program borrowers: If your loan is $150,000 or less, you may be eligible to apply for direct forgiveness through SBA using our online portal. Follow the steps below.
- Find out if your lender is participating.
- Watch a video about how to use the portal.
- Apply for forgiveness.
For additional information, visit the SBA website.