Tag: COVID

Disaster Preparedness, Economy, Finance

COVID relief: Time is ticking away for EIDL but we have some other options

Small business owners only have until Dec. 31 to apply for the Small Business Administration’s Economic Injury Disaster Loan and the $10,000 Targeted EIDL Advance cash grant. Applications up until that deadline will continue to be processed until the agency’s money runs out, according to the SBA. While these SBA […]

Disaster Preparedness, Finance

COVID relief grant program for micro-businesses extended, expanded

A Coral Gables-based bank and local nonprofit have renewed their micro-grant program supporting micro-businesses. Amerant Bank recently announced it’d be continuing the initiative it began with Branches, a community empowerment org, amid the pandemic last year. The partnership’s micro-grant program sought to provide funds to mom-and-pop operations who were hit hard by […]

Disaster Preparedness, Finance

PPP exhausts its funding, except through CDFIs

The U.S. Small Business Administration announced today that the Paycheck Protection Program (PPP) has exhausted core funding after a year in operation and serving more than 8 million businesses. The SBA will continue funding outstanding approved PPP applications but new qualifying applications will only be funded through Community Development Financial Institutions (CDFIs) […]

Economy, Education, Marketing, Resources

COVID resources: Free 5-hour digital marketing course available for small businesses

BizHack Academy and the Village of Pinecrest have joined forces to offer any business impacted by COVID-19 a 5-week crash course in digital marketing – at no cost to the small business. This training is funded through the federal CARES Act. This five-hour course will cover how to use digital marketing to drive revenue and increase brand awareness. Each week, it will […]

Disaster Preparedness, Economy, Finance

COVID relief: SBA is accepting applications for EIDL loans again

The U.S. Small Business Administration announced it has resumed taking new applications for pandemic-related disaster loans from all eligible small businesses and nonprofits. The SBA shut down its online application portal for the Economic Injury Disaster Loan (EIDL) program on April 16 after exhausting the $17 billion authorized by Congress. […]