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Additional PPP Guidance and Resources:  How to Calculate Maximum Loan Amounts for First Draw

Additional PPP Guidance and Resources: How to Calculate Maximum Loan Amounts for First Draw

Jan 19, 2021 | Advocacy, Announcements, Business News, Chair's Council, Chamber News, Community News

SBA, in consultation with the Treasury Department, has recently released additional PPP guidance and resources: How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide – By Business Type (Released 1/17/2021) SBA, in...

SENATE COMMITTEE ACTS ON SWEENEY-SINGLETON BILL TO UPGRADE WATER & VENTILATION SYSTEMS

Jan 15, 2021 | Advocacy, Announcements, Business News, Chair's Council, Chamber News, Community News

A Senate committee today approved a bill sponsored by Senate President Steve Sweeney and Senator Troy Singleton that would help schools and small businesses in New Jersey upgrade their water and ventilation systems to better protect the health of students, educators,...
SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19

SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19

Jan 14, 2021 | Advocacy, Announcements, Business News, Chair's Council, Chamber News, Community News

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday,...
Additional PPP Guidance and Resources:  How to Calculate Maximum Loan Amounts for First Draw

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

Jan 8, 2021 | Advocacy, Announcements, Business News, Chamber News, Community News

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...
Governor Murphy Signs Historic Economic Recovery Legislation

Governor Murphy Signs Historic Economic Recovery Legislation

Jan 7, 2021 | Advocacy, Business News, Chair's Council, Chamber News, Community News

Governor Phil Murphy today signed into law the landmark New Jersey Economic Recovery Act of 2020, which will provide economic support for small businesses, while propelling New Jersey’s economic recovery and growth for much of the next decade. “These programs are the...
NJEDA Extends PPE Access Program Deadline to December 17, 2020

NJEDA Extends PPE Access Program Deadline to December 17, 2020

Dec 9, 2020 | Business News, Chamber News, Community News

In response to significant demand for support through the program, the New Jersey Economic Development Authority (NJEDA) today announced that the deadline for companies to receive nearly 70 percent discounts on purchases of personal protective equipment (PPE) through...
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