Gov. Ivey announces $200M Revive Plus program to support small businesses
MONTGOMERY, Alabama – Governor Kay Ivey today announced Revive Plus, a $200 million grant program to support small businesses, non-profits and faith-based organizations in Alabama that have been impacted by COVID-19. Revive Plus is the second wave of funding for these organizations with 50...
SBA Working Capital Loans Available in Alabama Following Secretary of Agriculture Declaration
ATLANTA - The U.S. Small Business Administration announced today that Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and private nonprofit organizations in Covington, Escambia, and Geneva counties in Alabama as a result of a...
SBA Offers Disaster Assistance to Alabama Small Businesses Economically Impacted by the Coronavirus (COVID-19)
ATLANTA – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Alabama small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as...
Gov. Ivey: Alabama small businesses can seek SBA COVID-19 disaster loans
MONTGOMERY, Alabama — Governor Kay Ivey announced today that small businesses across Alabama negatively impacted by the coronavirus pandemic are eligible for assistance under the U.S. Small Business Administration’s Economic Injury Disaster Loan (EIDL) program. The SBA program will help qualified businesses and non-profit...
SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans
WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic...
SBA Announces Funding Opportunity through the State Trade Expansion Program
Grant provides opportunities for small businesses to take their businesses global WASHINGTON – The U.S. Small Business Administration announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite...
SBA and FDIC Updates Money Smart for Small Business Credit and Banking Modules
WASHINGTON – The U.S. Small Business Administration and the Federal Deposit Insurance Corporation have released two updates to the popular Money Smart for Small Business curriculum. The updated modules focus on banking and credit. They are available for SBA Resource Partners, financial institutions and...
Deadline Alert in Alabama for SBA Working Capital Loans Due to Rain, Wind and Flooding from Hurricane Michael
ATLANTA - The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that Feb. 25 is the filing deadline for federal economic injury disaster loans in Alabama as a result of rain,
ADOR Launches Online Portal for Claiming Business Tax Credits
The Alabama Department of Revenue has developed a new system, available for the 2020 filing season, for processing many of the tax credits that are available to offset income tax liabilities. This system requires entities that are generating certain tax credits or passing tax...
