Last Call to Register for Emerging Leaders!

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South Carolina District Office

u s small business administration

Featured Events

Government contracting


Contracting with SBA and Benedict College WBC

Join SBA and the Benedict College Women Business Center (WBC) as we discuss understanding and navigating the federal government system.

Part 1: April 7, 2021 - SBA Programs: Loan Guarantees and Minority and Small Businesses

Part 2: April 14, 2021 - How to Register to Do Business with the Federal Government; How to determine NAICS code. How to get a DUNS number and setting up your Federal business profile (Registering in SAM)

Part 3: April 21, 2021 - How to search for Contracts on www.beta.sam.gov and Engage Contracting Officers

Part 4: April 28, 2021 - The Women Owned Small Business (WOSB) Certification Process

Part 5: May 5, 2021 - 8(a) Business Development Certification Process

Part 6: May 12, 2021 - The HUBZone, Veteran Owned and Serviced Disabled Veteran OwnedCertification and Verification Process

Register


Tax Season

 

End of Tax Season

We are one week out from the tax filing deadline, and you may have questions about what to claim on your Schedule C. Join this webinar to learn what you need to know before the April 15 deadline, including if you have to claim EIDL or PPP dollars. Get your answers here.

Thursday, April 8, 2021 - 10:00am EDT

Register


Information Corner

eidl

SBA to Increase Lending Limit for

COVID-19 Economic Injury Disaster Loans

The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.

Businesses that receive a loan subject to the current limits do not need to submit a request for an increase at this time.  SBA will reach out directly via email and provide more details about how businesses can request an increase closer to the April 6 implementation date.  Any new loan applications and any loans in process when the new loan limits are implemented will automatically be considered for loans covering 24 months of economic injury up to a maximum of $500,000.

This new relief builds on SBA’s previous March 12, 2021 announcement that the agency would extend deferment periods for all disaster loans, including COVID-19 EIDLs, until 2022 to offer more time for businesses to build back. In order to shift all EIDL payments to 2022, SBA will extend the first payment due date for disaster loans made in 2020 to 24-months from the date of the note and to 18-months from the date of the note for all loans made in the calendar year 2021.

Questions about SBA COVID-19 EIDL and disaster loan payments can be emailed to DisasterCustomerService@sba.gov or directed to SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard of hearing).


PPP Coronavirus Loans Icon

 

PPP Deadline Extended Until May 31st

As President Joe Biden signed the PPP Extension Act of 2021 into law, extending the Paycheck Protection Program an additional two months to May 31, 2021, and then providing an additional 30-day period for the SBA to process applications that are still pending.

To apply, contact a PPP lender. SBA also has tools to help you to get matched with a lender, or search for lenders in your area.


Upcoming Events

Regulatory Challenges and Their Impact on Small Businesses
Women's Business Center
Wednesday, April 7, 2021 - 2:00pm EDT

Are You Ready To Start A Business?
SCORE Business Mentor
Wednesday, April 14, 2021 - 11:30am EDT

Federal Contracting Readiness Program (FCRP)
SBA Sponsored
Friday, April 16, 2021 - 12:00pm EDT


Last Call to Register for Emerging Leaders!

Ready to grow your business? Sign up for SBA's Emerging Leaders Initiative.

Accelerate Growth - Explore Financing - Diversify Markets - Expand Networking

The Emerging Leaders program assists small business owners in growing their business, creating jobs, and strengthening their communities. This innovative initiative is an intense 7-month course that offers approximately 100 hours of training per participant and provides the opportunity for small business owners to work with experienced professionals at no cost.

Target Your Business for Expansion

Emerging Leaders training is specifically designed to accelerate growth and support the expansion of your business. The curriculum delivers advanced training and provides strategies to help you access new avenues of capital. It offers practical tools to pursue new paths for business development. It surrounds you with a network of government resources and local business leaders prepared to invest time and energy in your business.

Qualifications:

The Emerging Leaders Initiative is open to small business owners and executives that:

- Have annual revenues of at least $250,000

- Have been in business for at least 3 years

- Have at least one employee other than self

Apply Today!