Please see attached news release with changes to the PPP, which includes:
The 14-day exclusivity period will start on Wednesday, February 24, 2021 at 9 a.m. EST, while the other four changes will be implemented by the first week of March.
According to the latest PPP Weekly Report (Feb. 21, 2021), more than $489 million in PPP funds have been approved for Idaho small businesses since the program re-opened Jan. 11, 2021. Additional data on how the SBA is working to ensure fair and equitable access to its programs is covered in the SBA COVID Relief Program Report (Feb. 19, 2021).
Targeted EIDL Advance Mapping Tool
The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. Applicants DO NOT need to take any action at this time. SBA will reach out to those who qualify.
To help applicants determine if they are located in a low-income community as defined in section 45D(e) of the Internal Revenue Code, a lookup tool is now available at https://sbaeidl.policymap.com/app. Note that the business address must be located in a low-income community in order to qualify, so SBA encourages potential applicants to check the map to see if they meet the low-income community eligibility requirement before you apply.
Child Care Providers: How to Apply for the Paycheck Protection Program: A Workshop for Child Care Providers to Access Forgivable Loans
Childcare providers - both for profit and non-profit - are eligible for the Paycheck Protection Program (PPP), which provides loan opportunities for small businesses. Better yet, these loans are forgiven under certain circumstances. Don't miss this opportunity! Join a webinar this Thursday, February 25th from 8:00-9:30pm (MDT) specifically designed for childcare providers in Alaska, Idaho, Oregon and Washington. Register