COVID-19 EIDL Program an Option for Small Businesses Through December 31

By Jennifer ShafferNSGA Comptroller The Economic Injury Disaster Loan (EIDL) program under the Small Business Administration is not new.  Since its inception, it has helped small businesses obtain funds needed during federally declared disasters. During the COVID-19 pandemic, this program was modified to serve as another avenue for businesses to access much-needed funding alongside other … Continued

NFIB Survey: Supply Chain Issues, Staffing Shortages Will Impact Holidays

WASHINGTON, D.C. (November 3, 2021) – The National Federation of Independent Business (NFIB) Research Center released its latest COVID-19 survey assessing how the COVID-19 pandemic has affected small businesses. This is the 20th survey in the series and includes updates on supply chain disruptions, the staffing shortage, and anticipations about the upcoming holiday season. The survey was conducted from October 25-27 … Continued

EIDL Loan Program Enhanced to Aid Small Businesses Challenged by COVID

WASHINGTON, D.C. (September 9, 2021) – U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster relief loan designed to better serve and support our small business communities still reeling from the COVID-19 pandemic, especially hard-hit sectors such as restaurants, gyms, and hotels. The SBA … Continued

Porcari Named Port Envoy to Supply Chain Disruptions Task Force

WASHINGTON, D.C. (August 27, 2021) – The White House announced on Friday that John D. Porcari will be the Port Envoy to the Biden-Harris Administration Supply Chain Disruptions Task Force. The Task Force was established in June to address supply and demand mismatches that emerged in several sectors as the economy reawakened following the Administration’s historic vaccination … Continued

SBA Opening Paycheck Protection Program Direct Forgiveness Portal

WASHINGTON, D.C. (July 30, 2021) – The  U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.      “The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses – including … Continued

Report: Small Businesses Continue Struggling to Fill Job Openings

WASHINGTON, D.C. (June 3, 2021) – A record-high 48% of small business owners in May reported unfilled job openings (seasonally adjusted), according to National Federation of Independent Business’ monthly jobs report. May is the fourth consecutive month of record-high readings for unfilled job openings and is 26 points higher than the 48-year historical reading of 22%. “Small … Continued

Winter Sports Market Announces Show Changes

SALT LAKE CITY, UTAH (June 14, 2021) – For over 25 years, Winter Sports Market has served the winter sports community of specialty retailers and manufacturers.  In that time, many things have changed in our industry – supply chain lead times, the arrival of the internet, consolidation of national trade shows and the evolution of … Continued