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Business Check Up Series

Posted on May 17, 2021 in COVID-19, News

The Hawaii Pacific Islands District Office along with resource partners: Patsy T. Mink Center for Business & Leadership, Hawaii SBDC, VBOC and DBEDT Presents Business Check Up Series.

This informational webinar will be held virtually on-line through Microsoft Teams and available in 17 different languages.  REGISTER TODAY on Eventbrite at www.sbahi.eventbrite.com.  You will be able to select the language you need at the time of registration. 

The U.S. Small Business Administration (SBA) has re-opened the Shuttered Venue Operations Grant (SVOG) application portal, as well as the the Restaurant Revitalization Fund (RRF).

This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.  Program overview   The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue ...
Read More SBA Announces Launch of Restaurant Revitalization Fund

An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PPP loan forgiveness. SBA is currently offering PPP loans until May 31, 2021. President Biden announced program changes to make access to PPP loans more equitable.

The SBA will begin accepting applications for the Shuttered Venue Operators (SVO) grant program on April 8. The December relief law provided $15 billion nationwide to a new SBA grant program for live venues impacted by the public health crisis.

On March 6, the Senate passed the American Rescue Plan, a new COVID-19 relief package which will provide at least $6 billion in new federal funding to help Hawai'i families and local businesses during the pandemic. It is expected to easily pass the House of Representatives and be signed into law by the president in the coming days.

On Monday, February 22, President Biden announced the following changes to SBA’s coronavirus relief programs to ensure equity: Specifically, on Wednesday, February 24, 2021 at 9 am ET, SBA will establish a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employees. This will give lenders and community partners more ...
Read More Biden Administration takes steps to promote equitable access to SBA relief

WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on ...
Read More SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

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)