Latest Round of Coronavirus Relief Shows Hardworking Americans Not Forgotten
April 27, 2020
Washington, D.C. – “President Donald Trump signed the fourth round of coronavirus response legislation Friday—a $484 billion relief bill that will help American small businesses and hospitals, as well as expand coronavirus testing so Americans can get back to work as soon as possible,” former CKE Restaurants CEO Andy Puzder writes in Fox News.
“The lion’s share of the funding – $310 billion – will go directly to the Small Business Administration’s Paycheck Protection Program (PPP), a massively popular program that has already disbursed $350 billion to businesses all over the country,” Puzder says.
PayPal Approved to Provide Access to Paycheck Protection Program Loans
April 12, 2020
San Jose, CA – PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that the company is now providing access to small business loans through the U.S. Small Business Administration (SBA) Paycheck Protection Program.
This follows approval from the SBA for PayPal to participate in the program as one of the first non-bank institutions.
PayPal is one of the first non-bank institutions approved to participate in small business loan program
SBA’s Paycheck Protection Program for Small Businesses Affected by Coronavirus Pandemic Launches
April 4, 2020
Washington, D.C. – The U.S. Small Business Administration Administrator Jovita Carranza today launched the Paycheck Protection Program, a $349 billion emergency loan program created last week with the President’s signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES).
The program provides forgivable loans up to $10 million to small businesses left financially distressed by the Coronavirus (COVID-19) pandemic.
New Study Shows Small businesses already feeling huge drop in demand due to Coronavirus (COVID-19)
March 26, 2020
Washington, D.C. – A just released national study found that 69 percent of U.S. small businesses have already experienced a large drop in demand due to the coronavirus (COVID-19) pandemic and 60 percent believe demand will continue to decline.
The study of small businesses by America’s Small Business Development Centers (SBDC) and Thryv, Inc., found that 82 percent of small businesses are “extremely concerned” about the current business environment in light of the coronavirus (COVID-19) outbreak.
Coronavirus
Tennessee gets Economic Injury Disaster Loan Declaration from United States Small Business Administration
March 21, 2020
Nashville, TN – On Friday, March 20th, 2020, Tennessee Governor Bill Lee announced that Tennessee has received a declaration for Economic Injury Disaster Loan assistance from the U.S. Small Business Administration in response to a request submitted on Wednesday, March 18th.
Tennessee Governor Bill Lee
Tennessee Governor Bill Lee’s COVID-19 Bulletin #3
March 19, 2020
Nashville, TN – Today, Thursday, March 19th, 2020, Tennessee Governor Bill Lee provided an update on Tennessee’s efforts around COVID-19 (Coronavirus) relief.
Governor Lee’s daily press conferences can be viewed here. Governor Lee has also established a website specific to COVID-19 (Coronavirus) updates which can be found here.
Tennessee Governor Bill Lee
Tennessee Governor Bill Lee’s COVID-19 Bulletin #2
March 18, 2020
Nashville, TN – Today, Wednesday, March 18th, 2020, Tennessee Governor Bill Lee provided an update on Tennessee’s efforts around COVID-19 relief.
Governor Lee’s daily press conferences can be viewed live each day this week through Thursday at 3:00pm CT here. Governor Lee has also established a website specific to COVID-19 updates which can be found here.
Tennessee Governor Bill Lee
Tennessee Governor Bill Lee Requests Economic Injury Disaster Loan Declaration From U.S. Small Business Administration
March 18, 2020
Nashville, TN – Today, Wednesday, March 18th, 2020, Tennessee Governor Bill Lee announced he has submitted a request for Economic Injury Disaster Loan assistance to the U.S. Small Business Administration.
Tennessee Governor Bill Lee
President Donald Trump Mobilizes Full Resources of Federal Government for Coronavirus
March 14, 2020
Washington, D.C. – President Donald J. Trump is leveraging the full power of the Federal Government to protect the health and safety of the American people.
President Trump is exercising statutory authorities to declare a national emergency in response to the coronavirus (COVID-19).
The unprecedented action the President is taking invites States, territories, and tribes to access over $42 billion in existing funding to combat the coronavirus.
U.S. President Donald J. Trump
SBA Offers Disaster Assistance to Tennessee Residents Affected by Severe Storms and Flooding
May 15, 2013
Washington, D.C. – Tennessee residents and businesses affected by severe storms and flooding on April 26th-28th, can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Karen G. Mills announced.
Administrator Mills made the loans available in response to a letter from Tennessee Governor Bill Haslam on May 8th, requesting a disaster declaration by the SBA. The declaration covers Stewart County and the adjacent counties of Benton, Henry, Houston, and Montgomery in Tennessee; Calloway, Christian and Trigg in Kentucky. [Read more]
