News
Disaster Loan Funding Update
Disaster Loan Funding Update If you follow us on Facebook, you know that over $4.8 billion in PPP loans were approved for 27,922 companies in Alabama. We think that is… a good start. According to SBA statistics, there are almost 400,000 small businesses in Alabama, accounting for 47% of the state’s employment. Based on news…
Read MoreSave Small Business Fund
To extend a helping hand to small businesses suffering from the impacts of the coronavirus pandemic, the U.S. Chamber of Commerce Foundation – in partnership with Vistaprint and a coalition of supporting companies, foundations, and philanthropic donors – is working to provide financial relief through the Save Small Business Fund. The Fund is providing $5,000…
Read MoreIndependent Contractors Secure CARES Act Funding Guide
U.S. Chamber of Commerce Releases Guide to Help Tens of Millions of Independent Contractors Secure CARES Act Funding FOR IMMEDIATE RELEASE | April 16, 2020 Independent Contractors Secure CARES Act Funding Guide WASHINGTON, D.C. — The U.S. Chamber of Commerce today released a new guide to help independent contractors and self-employed individuals secure funding under…
Read MoreAlabamaWorks Resource
Information about retraining or unemployment, AlabamaWorks is a great resource. Send your inquirers to this page for comprehensive information that pertains to anyone looking to file for unemployment, find a job or start a new career through retraining. AlabamaWorks! Home Thanks, Candice Hill Retail/Marketing Specialist St. Clair County Economic Development Council chill@stclairedc.com P 205.814.1440 C…
Read MoreHow is COVID-19 Affecting Your Workforce
If you are a small business or large business, please take time to click on and complete the below survey. This is through AIDT (Alabama Industrial Development Training), which will use the survey information to help develop programs to help statewide areas meet the real needs of businesses. Thank you, Candice Hill Retail/Marketing Specialist St.…
Read MorePPP & 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…
Read MoreTelephone 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…
Read MoreBeware 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.…
Read MoreUSCC: 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…
Read MoreSBDC 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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