PPP

The Arkansas Small Business and Technology Development Center at the University of Arkansas at Little Rock has received a $2.5 million grant to engage in targeted outreach to small businesses in underserved communities. The U.S. Small Business Administration (SBA) awarded…

The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less. “We are committed to delivering against…

The Paycheck Protection Program is winding down with the program being closed to all new applications. The U.S. Small Business Administration announced that the program would be closed to all new loan applications on Friday, May 28 instead of its…

The well has mostly run dry for the Paycheck Protection Program. The U.S. Small Business Administration announced that the PPP funding has been largely depleted ahead of its scheduled closure on May 31. The program provides loans for small businesses…

Today I’d like to talk about the federal Payroll Protection Plan or PPP, which has kept many Arkansas companies alive during the pandemic. Congress passed the CARES Act to help Americans navigate the pandemic. PPP was one of the programs…

The U.S. Small Business Administration (SBA) will be focusing its efforts on providing equitable relief for small businesses around the nation, with a focus on racial and gender equity. As part of this effort, the SBA will be establishing an…

The Small Business Administration is reopening the Paycheck Protection Program (PPP) next week for both new and existing borrowers. In this new round of financing, there will be $284 billion available through March 31, 2021. This additional PPP financing is…

Over the last six years in Congress, I have been humbled to represent our families, businesses, and local governments in Central Arkansas. When I ran for Congress in 2014, I committed to working to lower taxes, create jobs, and grow the…

Small businesses will now have a simpler loan forgiveness process for the Payment Protection Program (PPP). The U.S. Small Business Administration (SBA) is streamlining the forgiveness process for entities that have PPP loans of $50,000 or less. This process, developed…

The patrons outside the Oark General Store and Café in northern Johnson County on an unseasonably cool June afternoon aren’t waiting to get inside for a seat. And most of them aren’t local.  They’ve staked out their spots at picnic…