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SBA Offers Disaster Assistance to Northeast Indiana Businesses Impacted by Windstorm

Indiana businesses and residents affected by the derecho windstorm on June 13-14 may apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Isabella Casillas Guzman announced today. Administrator Guzman made the loans available in response to a letter from Indiana Governor Eric Holcomb dated July 6, requesting a disaster declaration by the SBA. Businesses and [...]

2022-07-11T15:22:22-04:00July 11th, 2022|

Bill Helping Small, Hospitality Businesses Passes Committee Unanimously

HB 1004 – Small Business Restart Grant Program Authored by Rep. Shane Lindauer (R-Jasper) Co-authored by Rep. Sharon Negele (R-Attica) and Rep. Alan Morrison (R-Brazil) Establishes the Hoosier hospitality small business restart grant program to provide grants to eligible entities to accelerate economic recovery from the impacts of the COVID-19 pandemic. Also creates the small business restart grant fund. [...]

2021-01-29T13:11:03-05:00January 29th, 2021|

Federal Affairs: Will There Be Another COVID-19 Relief Package?

With so many businesses and citizens feeling the negative impacts of COVID-19, I think most expected Congress to pass additional relief legislation that would lessen or soften those impacts. The trillion-dollar question is whether that will actually take place? A quick look at what’s happened or not happened: May 15 through mid-August – The U.S. House of Representatives passed [...]

2020-09-18T14:14:38-04:00September 18th, 2020|

TOP STORY: Where Will the Rest of Indiana’s Federal Relief Money Go?

The federal CARES Act sent $2.4 billion to the state of Indiana to be used for pandemic-related expenses. This was Indiana’s share of the general relief money to help states deal with the ramifications of the COVID outbreak. The Act included numerous other allocations designated to supplement specific state services. That money is being funneled directly to the corresponding [...]

2020-09-18T13:57:56-04:00September 18th, 2020|

Senator Young’s RESTART Act to Aid Businesses Gaining Momentum

In May, U.S. Sen. Todd Young co-authored the RESTART Act (S. 3814) to provide support to small and mid-sized businesses most affected by the COVID-19 crisis. Young has been pushing for this bill and recently indicated that a companion measure will be introduced in the House soon. The RESTART Act would give business owners who took out Paycheck Protection [...]

2020-07-17T13:59:22-04:00July 17th, 2020|

TOP STORY: What Will Be in the Next Federal Relief Package?

In May, the Democrat-controlled U.S. House of Representatives passed its set of ideas for the next round of coronavirus relief for businesses. Now we await the Senate Republican majority to unveil its own with different priorities. Many expect this phase four effort will be the last big piece of legislation (prior to the election, at least) addressing the economic [...]

2020-07-18T23:50:00-04:00July 17th, 2020|