SBA Region One Review - January 29, 2021

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New England Regional Office  - January 2021

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Amy K. Bassett

Acting Regional Administrator

New England Regional Office

U.S. Small Business Administration

The U.S. Small Business Administration has announced Amy K. Bassett as Acting Regional Administrator for the SBA New England Regional Office.  Ms. Bassett currently serves as district director of SBA's New Hampshire District Office. As Acting Regional Administrator, Ms. Bassett oversees SBA’s financial, export, disaster relief, government contracting and business development programs for the six New England states. 

Ms. Bassett received her bachelor’s degree in business management from Plymouth State College, graduating Magna Cum Laude. She began her career with the SBA in the New Hampshire district office in 1990 and held a variety of positions during her time with that office, including deputy district director and lender relations specialist.  She is a graduate of the Partnership for Public Service’s Excellence in Government Fellows Program and presently is a member of the Plymouth State University Alumni Association. Ms. Bassett is a native of Sandown, New Hampshire. 


SBA Approves 23,342 PPP Loans in New England

image showing graphic of number of ppp loans in each new england state

 

The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. SBA is currently offering:

As of January 24, 2021, the SBA approved 23,342 PPP loans for $2,251,515,002 in the six New England states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont during the current round of funding.

Eligible businesses can apply for funding for first and second draw PPP loans through all participating lenders.  Here are two ways to find a PPP lender:

  1. Connect with an SBA-approved lender using Lender Match: sba.gov/lendermatch

  2. Locate a PPP lender near you with this map: sba.gov/paycheckprotec


SBA Emerging Leaders Initiative

 

The U.S. Small Business Administration announced the launch of the 2021 Emerging Leaders initiative for executives of small businesses poised for growth in underserved markets. Emerging Leaders provides free entrepreneurship education and training for executives of small businesses that are potential job creators. This intensive executive entrepreneurship series includes nearly 100 hours of classroom time. This initiative provides participants with the opportunity to work with a network of experienced coaches and mentors, attend specialized workshops, and develop connections with their peers, city leaders, and the financial community. As a result, Emerging Leaders help build sustainable businesses that promote economic development within their communities.

You can reach out to the district office in your state for more information.  The 2021 training cycle includes cohorts in Williston, Vermont: vermont_do@sba.gov; Springfield, Massachusetts:  MassachusettsDO@sba.gov; and Brunswick, Maine: maine_do@sba.gov  

Learn more


Follow the New England SBA offices on Twitter

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Did you know that all the SBA offices in New England are on twitter? On twitter you will:

Learn about upcoming events

Get valuable tips on starting, growing and recovering your business

Get news about your business community

New England: @SBA_NewEngland

Connecticut: @SBA_Connecticut

Maine: @SBA_Maine

Massachusetts: @SBA_MA

New Hampshire: @SBA_NH

Rhode Island: @SBA_RhodeIsland

Vermont: @SBA_Vermont