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Senate Approves $480 Billion Aid Package

'Interim' spending package headed to House as early as Thursday Top Democrats and the Trump administration reached an agreement today on a $480 billion aid package that would replenish the small-business loan program meant to aid small businesses impacted by the novel...

Governor Reynolds Launches Test Iowa Program

In today’s press conference (April 21, 2020), Governor Kim Reynolds announced that she is launching Test Iowa, a public-private partnership to test 540,000 Iowans for COVID-19 in addition to the current testing measures. The goal is to be able to test up to 3,000...

Gazette Launches Business Marketing Grant Program

The Gazette has announced the launch of a community grant program to help local businesses continue marketing themselves during the COVID-19 pandemic. The program allocates up to $100,000 in matching advertising dollars to assist local businesses during this difficult...

Save Small Business Fund: Short-Term Relief for Small Businesses

The U.S. Chamber of Commerce Foundation has created a Save Small Business Fund to help small employers who are struggling during the COVID-19 outbreak. This fund is a collective effort to provide $5,000 grants to small businesses that employ between 3 and 20 people....

$349 Billion Cap for Small Business Loans Reached

The small business rescue fund program hit its limit late yesterday and is now out of money. As a result, the SBA is currently unable to accept new applications for the Paycheck Protection Program and Economic Injury Disaster Loan program. Lawmakers and the Trump...

SBA Loan Applications Opens April 3rd

SBA Loan Applications Opens April 3rd Starting Friday, April 3rd businesses with fewer than 500 employees, including sole proprietors, private nonprofit organizations and veterans organizations, may apply for forgivable .5% interest loans of up to $10 million....

Historic $2 Trillion Stimulus Deal Reached

HOUSE PASSES CARES ACT The House passed the largest peacetime fiscal relief measure in U.S. history today and has been signed by the President. The Phase 3 Stimulus package totals roughly $2.3 trillion in direct aid to families, businesses, hospitals and states. The...

Economic Injury Disaster Loan Program Announced by SBA

The SBA issued a disaster declaration for the state of Iowa as of March 21, 2020. The declaration allows pandemic-impacted small businesses to apply for low-interest support loans. The declaration comes after Iowa Governor Kim Reynolds submitted a federal funding...

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