There’s no denying that small business owners across the country are still feeling the impact of the pandemic. And public and private organizations offer many different grants to help these businesses recover. When it comes to public grants, communities across the country still offer funds from the American Rescue Plan Act (ARPA). As a small business owner, you should keep an eye on what your community has to offer as part of ARPC’s ongoing funding efforts and apply as soon as they become available.
Contrary to popular belief, COVID recovery grants are still available to small businesses across the country. New initiatives are being launched on a regular basis to aid in the recovery process. The key is to stay informed about what’s available where your business is located. Take a look at what’s now available to your small business with these ARPC grants.
In related funding news, the Small Business Administration (SBA) has notified that small businesses affected by the Cache Fire in Lake County that occurred in August 2021 have until August 17, 2022 to apply for the Economic Disaster Loan (EIDL). If your small business or even personal property was affected by the fire, you can apply for very low interest loans.
Small Business News Roundup: July 22, 2022
The IRS reminds that tax preparer IP PINs are now available
The Internal Revenue Services and its Security Summit partners are encouraging professional tax preparers to increase their efforts to inform clients about the IRS’s Identity Protection PIN Activation Program to combat theft of identity related to taxes.
Your customers can now purchase items directly from the Instagram chat
Small businesses can now allow their customers to make purchases directly from Instagram’s chat feature. Your customers can now purchase items directly from the Instagram chat. New features recently announced by Mark Zuckerberg include the ability to track an order and make purchases in chats.
Senators urge SBA to process EIDL loan applications
A letter from the US Senate Committee on Small Business and Entrepreneurship (SCSBE) has been sent to the US Small Business Administration (SBA) urging them to process apparently abandoned disaster loan applications that were received before the agency’s deadline.
California man sentenced to 11 years in $27 million PPP loan fraud
The US Department of Justice said in a statement that a Southern California man has been sentenced to 11 years and three months in prison for Paycheck Protection Program (PPP) loan fraud.
Homebuilder confidence falls for seventh consecutive month
During what is the peak of the US home building season, builders are not feeling optimistic. In fact, according to the National Association of Builders/Wells Fargo Housing Market Index, builder confidence in the newly constructed single-family housing market posted its seventh consecutive monthly decline in July, falling 12 points up to 55.
Gas prices see a drop for the fifth week in a row
Consumers who have been seeing a series of rising gas prices are now seeing some alarm with the national average gas price below $4.50 a gallon. Lower Gas Prices According to the American Automobile Association (AAA), on July 19, 2022, average gas prices reached $4.495, down from $4.655 a week ago.
The Congressman Worries That Fintech Lending Could Hurt Small Businesses
Fintech lending has expanded in recent years, disrupting the small business lending market by leveraging AI technology and data analytics. While fintech lenders bring a number of advantages to small businesses, namely enabling them to borrow quickly and efficiently when traditional lending from banks has not been the easiest task, it is not without challenges.
The House Oversight Committee discusses the importance of EIDL loans to small businesses
US Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin has issued a statement on disaster programs and SBA loans for small businesses. Titled “Oversight of the SBA Office of Disaster Assistance,” the statement speaks to the importance of EIDL loans to small businesses.
This billionaire founder says he owes his inspiration to his mother
Here’s an interview I should do every Mother’s Day. I can safely say that many small business owners credit our mothers as an inspiration. For me, my mother, Carole inspired me to always do my best at work and be kind to people.
How has web analytics changed over the years?
The data and analytics market has seen tremendous growth in recent years and is expected to be worth $550 billion by 2028. How has web analytics changed over the years? Many millions of businesses already rely on analytics services to better understand their customers’ behavior and optimize their web experiences.
House-passed defense bill: Includes key provisions for small businesses
The US Congress has passed a defense bill that includes key small business provisions to support small businesses in winning more government contracts and increase small business participation in federal procurement. Bill passed with key provisions for small businesses The bill was passed as part of the Fiscal Year 2023 National Defense Authorization Act, which would authorize $840.
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