The Forge Institute, a national leader in advancing cybersecurity capabilities, has recently received a grant from the U.S. Small Business Administration (SBA) for the Cybersecurity for Small Business Pilot Program. This funding will allow expansion of the Arkansas Cyber Defense…
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SBA Encouraging Shuttered Venue Operators to Apply for Supplemental Grants
by AMP Staffby AMP StaffThe U.S. Small Business Administration recently announced a call to all eligible Shuttered Venue Operators Grant (SVOG) applicants seeking economic aid for small businesses, nonprofits and venues that present live entertainment. The deadline for new applications is Friday, Aug. 20.…
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…
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Deweese Taking the Lead of Southern Bancorp’s SBA Team
by AMP Staffby AMP StaffThomas “Hunter” Deweese has been tapped to serve as the Small Business Administration (SBA) president for Southern Bancorp. Most recently, Deweese served as the senior SBA agricultural lending officer for Southern Bancorp, a Community Development Financial Institution. He joined Southern…
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New PPP Loan Round, Totaling $284 Billion, Opening on Jan. 11
by Tyler Haleby Tyler HaleThe 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…
With businesses reopening across the state and economic reconstitution top of mind, businesses are getting another chance with Small Business Administration (SBA)’s Economic Injury Disaster Loan (EIDL) and a final shot at securing a Paycheck Protection Program (PPP) loan. The…
Small businesses across Arkansas have been doing everything they can to stay afloat during the coronavirus pandemic. But some have found themselves at a crossroads when it comes to available federal resources, notably loans through the federal Paycheck Protection Program…
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SBA Extending Economic Injury Loan Coverage to Agricultural Businesses
by Tyler Haleby Tyler HaleThe U.S. Small Business Administration (SBA) will be extending economic injury loan coverage to agricultural businesses impacted by the COVID-19 pandemic. SBA Administrator Jovita Carranza announced that agricultural businesses are now eligible for the agency’s Economic Injury Disaster Loan (EIDL)…
As the cases of coronavirus continue to grow in Arkansas and as the economic disruption expands, small businesses around the state have been tossed a lifeline. The Small Business Administration and the Arkansas Small Business and Technology Development Center announced…
Small businesses are the heart of our communities. We all know someone who is a small business owner or employee. They employ almost 50 percent of the workforce in Arkansas, and if you look at communities throughout our state, these…