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As efforts continue to provide relief from the financial impact of COVID-19, the Small Business Administration’s Paycheck Protection Program has resumed accepting applications for loans to small businesses. Applications for the program resumed on Monday following the passage of a bill that authorized an addition of $310 billion, according to media reports. The Alabama Bankers […]

The Alabama Small Business Development Center and the Alabama Restaurant & Hospitality Association will host a webinar today to discuss how to deploy funds from the Paycheck Protection Program. The webinar is aimed at small business owners who have been impacted by the outbreak of COVID-19 and are using funds from PPP. The deadline to […]

A press release from the Alabama Bankers Association announced that the Small Business Administration recently completed a study saying that its Paycheck Protection Program has funded almost $248 billion in more than one million loans to small businesses in the nation. In Alabama 19,244 loans valued at $3.8 billion were made to small businesses, the […]