The State Small Business Credit Initiative: Here’s What You Need to Know
Episode Notes
Hey everybody, this is Gene Marks and welcome to this week’s edition of The Hartford’s Small Biz Ahead podcast. Thanks for joining me. By the way, if you want any advice or insights or help in running your business, please visit us at SmallBizAhead.com, that’s SmallBizAhead.com or SBA.TheHartford.com. And let’s get to the topic at hand. And the topic is a big one for you, if you’re running a small business. It has to do with federal funding that it is available for you. Now, listen, very recently the Senate unfortunately rejected legislation that could have potentially provided small businesses, particularly restaurants with as much as 48 billion dollars of additional aid to help them recover from the pandemic. So, a lot of people are saying, is this it? Is this the end of federal aid? The Paycheck Protection Program and the Economic Injury Disaster Loan programs are both expired.
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