PPP update, Save the Date for upcoming Vet SBW and more...

New Hampshire District Office - September 23, 2021

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New Paycheck Protection Program (PPP) Milestone

The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less.  

See Entire Press Release Here


Need a EXPORT Loan?

Photo of two people holding a laptop in a warehouse with the following text, export finance programs. The SBA logo is at the bottom.

Export Express loans will benefit significantly from the updated guarantee fee schedule for all SBA 7(a) loans. Beginning October 1, 2021, the SBA will waive the guarantee and servicing fees for all loans of $350,000 and under.

Export Express loans can support everything from revolving working capital needs through fixed asset and real estate purchases.

Read the entire notice here


Veteran with Flag

Save the DATE

Celebrating Veterans Small Business Week Nov.1-5

SBA’s Virtual #Vetbiz Roundtable - November 2

Are you a Veteran or spouse of Veteran either own your own small business or are looking to start?  Please join us for an informal networking session to learn about the programs and services that can help your small business succeed.

9:00 am - 11:00 am

Register Here


Boots To Business - November 3 & 4

Are you interested in starting your own #VetBiz? 

Please join us for Virtual Boots to Business A Free, Two-Day entrepreneurial training for Veterans, Spouses and Children of the Veteran 

8:30 am – 4:00 pm

Register Here

For more information contact Miguel Moralez at 603-225-1601 or email miguel.moralez@sba.gov 


ICYMI

SBA joined FEMA and NH State Council on the Arts for a Lively Webinar

This week's NH Arts webinar hosted by the NH State Council on the Arts and FEMA, was attended by over 50 participants. The focus was on SBA resources and resources from partners at the NH Small Business Development Center (SBDC), Center for Women and Enterprise (CWE) and Veterans Business Outreach Center (VBOC). Special guest - NH small business owner Brianna Rolfs from Hammar Art Studio and Cultural Center was highlighted. These programs support the resilience and growth of the arts and creative economy.

See the recorded webinar here


Local Small Business Panel Event for NSBW

During National Small Business Week (NSBE) we heard from local small business owners virtually and found out about the resiliency, recovery, and successes for On-Target Fitness - Alec Liberman, AJ Letizio Sales and Marketing - AL Letizio, and Beeline Skin Care - Susan Lanphear.

The panel was joined by SCORE business advisor Gene Calvano and SBA representatives Tuesday Belanger and Cheryl Croto. 

See the recorded webinar here


NH Small Business Development Center

Take the NH SBDC Business Resiliency Survey (Phase 3) Today!!

NH SBDC would like to learn more about how businesses have been coping as we recover from this crisis. 

Business organizations and economic development partners across the Granite State are sharing SBDC’s Resiliency Survey because it has deepened the understanding of the impact COVID-19 has had on the small business community. Phases 1 and 2 of the survey determined businesses needs and their responses to the pandemic that evolved over the last eighteen months.  Phase 3, will discover how businesses built resiliency or where they may still need help.

Your input and response are critical. The higher the response rate, the deeper and more valuable the survey data will be. Phase 3 survey results will directly impact how economic development partners create programs and add services to help small businesses thrive once again.

Take the survey here

The Center for Women and Enterprise is pleased to be partnering with the NH Small Business Development Center on Phase 3.


What Others are Doing to help #SmallBiz

DOL Apprenticeship

The Department of Labor (DOL) awarded more than $130 million in funding to develop, modernize and diversify Registered Apprenticeship programs through the State Apprenticeship Expansion, Equity, and Innovation grants and Registered Apprenticeship Technical Assistance Centers of Excellence cooperative agreements. These investments build on President Biden’s commitment to accelerating the expansion of Registered Apprenticeship to meet the needs of today’s industries, workers and communities. 

Learn more here.

Learn more about Apprenticeship.gov


Build Back Better Act

U.S. Senate Committee on Small Business & Entrepreneurship issued the following statement after the House Small Business Committee approved the small business provisions of the Build Back Better Act—a $3.5 trillion budget that will invest $25 billion in American small businesses in the next 10 years. 

See Entire Press Release Here 


USDA & Northern Border Regional Commission (NBRC) Announcement

University of New Hampshire (NH) awarded in joint funding $350,000.
This initiative will increase business advising capacity in Coos, Carroll, and Sullivan, Counties. Over 3 years, planners anticipate 1800-2000 hours of advising to 250-300 small businesses, resulting in 15-20 new businesses, $7-$8 million in new capital formation and 150-200 jobs created or saved.

For more information


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Ways to Connect with SBA New Hampshire:

Websitewww.sba.gov/nh
EmailNewHampshire_DO@sba.gov
Twitter: @SBA_NH

Phone: 603-225-1400