PPP & EIDL Updates

Alabama Small Business Development Center Network | PPP & EIDL Updates ·    On April 8, the U.S. Treasury published updated FAQs on the Paycheck Protection Program (PPP). Notable guidance includes: ·    Timing: The lender must make the first disbursement of the loan no later than ten calendar days from the date of loan approval. The…

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Telephone Town Hall: COVID-19 & Small Business

Teleconference with Gary Palmer and Tom Todt of SBA On Monday, Congressman Gary Palmer (Al-06) will host a teleconference call to discuss COVID-19 and efforts to assist small businesses through the Small Business Administration. He will be joined in the call by Tom Todt, District Director for the SBA based in Birmingham, who can discuss…

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Beware of Stimulus Payment Scams

Beware of Stimulus Payment Scams.  Here’s is information you may need to know about stimulus payment processing in order to protect yourself from scammers: 1. Be alert for phone scams. The Internal Revenue Service (IRS), Treasury Department, or any other government agency will not contact you by phone to collect information for stimulus payment processing.…

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USCC: Paid Leave Guide and Upcoming Calls 4/6

USCC: Paid Leave Guide and Upcoming Calls 4/6 Dear Southeast Chamber Friends – Please find below a list of all of our most recent guides to the aid and programs being made available to assist businesses during the ongoing pandemic, including our newest guide to the paid sick and FMLA programs. NEW – Guide to…

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SBDC Update

Alabama Small Business Development Center Network Status Update: SBA Loan Programs In talking with SBDC colleagues and lenders throughout the US: • No one has received any portion of the $10,000 forgivable advance that was supposed to arrive “within three days.” Current guidance is “5 to 7 days, maybe longer”. • We have heard that…

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St. Clair PPP Lenders

The SBA has these banks as PPP (Paycheck Protection Program) lenders in our county/community: Metro Bank BancorpSouth Bank BBVA USA Truist Bank / BB&T Regions Please share this with your local companies and anyone else who could benefit from this information. Stay safe! Blair Goodgame Tourism Coordinator St. Clair County EDC 500 College Circle, Suite…

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Governor Ivey urges you to apply for Federal Relief

MONTGOMERY – Governor Kay Ivey on Wednesday urges Alabama Small Business Owners to respond to the COVID-19 (Coronavirus) pandemic by taking steps to ensure their business will withstand the troubling economy. Final guidelines for how the federal government will distribute financial relief to Alabama’s small businesses will be released very soon. In the meantime, Small…

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Southern Company COVID-19 Message

Good afternoon!  I wanted to share with you a couple of grant opportunities our team has come across that may be of some help to the Leeds Chamber membership.  I’ve also included the AL Small Business Development Center’s COVID-19 Webinar information below.  The first of 3 webinars took place today, but there are two more…

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A Message from St. Clair County EDC

Hello everyone, I hope you are all well. I wanted to update some information that may I sent to many of you last week. We are continuing to gather information and resources to help everyone navigate this most unusual time. I have updated resource pages below that contain information for business (large and small) and…

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USCC Coronavirus Emergency Loans Small Business Guide and Checklist

USCC Coronavirus Emergency Loans Small Business Guide and Checklist | Dear Southeast Chamber Friends – Good evening.  Please find the U.S. Chamber’s Coronavirus Emergency Loans Small Business Guide and Checklist.  This is the first of a number of resources we are developing to help you connect your members with the resources recently approved by Congress…

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