News

Be sure to visit our COVID-19 Hawaii Business Resource Page. SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic Release Date:  Monday, June 15, 2020 Release Number:  20-47 Contact: Press_Office@sba.gov, (202) 205-7036 WASHINGTON – To further meet the needs of U.S. small businesses and non-profits, the U.S. ...
Read More Economic Injury Disaster Loan (EIDL)

Global cross-border eCommerce sales alone total some $2 trillion annually and are expected to exceed $6 trillion by 2021. Are you ready to take advantage of growing international selling opportunities? Organized by the U.S. Commercial Service eCommerce Innovation Lab, this three part series will feature ways to increase your competitiveness in overseas markets by transitioning your ...
Read More FREE eCommerce Globalization Strategy Series

Today, the Paycheck Protection Program Flexibility Act was signed into law, providing small businesses with more time and more flexibility to use their Paycheck Protection Program (PPP) loans. The new law: Increases the amount that can be used on rent, utilities, and other overhead costs from 25 percent to 40 percent; and it lowers the ...
Read More Update: Changes to the Terms of the PPP

Please join the U.S. Small Business Administration to learn more about the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs which are providing emergency working capital and disaster assistance to farmers, ranchers, and agricultural businesses impacted by COVID-19. PPP and EIDL help keep agricultural businesses viable, bringing stability to our nation’s critically ...
Read More SBA Webinar on PPP & EIDL for Farmers and Ag Small Businesses

Changing the trajectory of Hawai’i towards a more balanced, innovative, and sustainable economy – that balances the people, place, and culture with the environment, land, and ocean. Please regularly view our website, recoverynavigator.hawaii.gov, for updates. COVID-19 has had a severe and unprecedented impact on the state economy and community. Hotels, shopping malls, airlines, restaurants, retailers, ...
Read More Announcing the Launch of the Hawai’i Economic & Community Navigator

Additional SBA Funding On April 23, 2020, Representative Ed Case announced the U.S. House of Representatives passed the Paycheck Protection Program and Health Care Enhancement Act. See his press release here. This $483 billion bill, which the President signed into law earlier today, provides critically needed funding for the Small Business Administration’s (SBA) COVID-19 relief programs. This ...
Read More Congress Approves Additional SBA Funding

Hawai‘i small businesses suffering financial losses due to the impact of COVID-19 can now file for low-interest working capital loans of up to $2 million from the Small Business Administration (SBA).

Senator Brian Schatz announced today that the U.S. Senate is set to pass a new coronavirus economic recovery package. The bipartisan deal includes billions in new funding to replenish small business relief programs, providing more Hawaiʻi small businesses with a chance to access federal dollars. “Many small businesses in Hawaiʻi were unable to access the ...
Read More Congress Expected to Approve Additional Funding for SBA Loan Programs

A list of important resources for government contractors who have been impacted by the COVID-19 (coronavirus) pandemic.

This 3-Part webinar series will feature finance experts discussing tools available to assist U.S. exporters with weathering the economic impact of the global health crisis. The series will discuss strategies for obtaining credit, working with federal agencies and banking professionals to obtain financing under the CARES Act, and obtaining alternative finance solutions. All session are ...
Read More Support for U.S. Exporters During Global Economic Uncertainty

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