UPDATED | State Economic Relief Grants Announced, Applications Accepted July 6, More Webinars July 2 and 3

The Administration has announced that applications for economic support through one of several different grant tracks created through S.350, which has been signed into law, and H.966, which is expected to be signed into law in the next several days, will be open for submission beginning July 6.  The Emergency Economic Recovery Grants, which will […]

Updated Check-In on Status, Needs, Questions, and Recommendations

To help AIV serve Vermont’s industrial and business community, we ask that you take a moment to complete our updated and revised survey regarding the ongoing impact of COVID-19 on your business, assistance you need, questions you want addressed, and suggestions or recommendations you have to share from your experiences.  Please note that this survey […]

Reminder | Regular PPP and EIDL Webinars

PPP & EIDL Webinar Tuesdays & Thursdays The SBA Vermont District Office is hosting a free webinar from 9:00 to 10:00 am Tuesdays and Thursdays to discuss the Paycheck Protection Program, the Economic Injury Disaster Loan and Advance, and any pertinent updates. To join the webinar, click here. To join by phone, call 202.765.1264 and when […]

Upcoming and Recent Webinars

The following are upcoming webinars hosted by our national partners and allies at NAM, as well as a recording of a recent webinar: Forecasting in the New Normal: How Manufacturers are Becoming More Responsive to Fluctuations in Demand by Linking the Pulse of the Customer, Captured in Sales Forecasts, with Demand Forecasts.  July 9 at 1:00 […]

Reminder | PPP Application Deadline June 30

The Paycheck Protection Program is taking applications until June 30th.  More than $100 billion in PPP funds are still available. Small businesses can now use funds for up to 24 weeks and have the option of extending the life of the loan from two years to five.  SBA will forgive loans if funds are used […]

EIDL Program Reopened for Small Businesses and Nonprofits

The SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19. The EIDL program offers long-term, low interest loans for small businesses and nonprofits that can be used to cover payroll and inventory, pay debt, or fund other expenses. The EIDL […]

PPP Transparency Measures

The SBA and US Treasury Department have announced enhanced transparency measures for Paycheck Protection Program borrowers who received loans above $150,000. The SBA will disclose company-specific information about these borrowers, including business name, address, NAICS code, ZIP code, business type, demographic data and jobs supported.  The disclosures will also include the borrower’s PPP loan amount. […]

Reminder: Main Street Lending Program Webinar Thursday 1:00 PM

The SBA Vermont District Office will offer a webinar on Thursday, June 11 at 1:00 pm about the new Main Street Lending Program for businesses with up to 15,000 employees and revenues of $5 billion or less that were in sound financial condition before the onset of the COVID-19 pandemic.  An update on the Paycheck […]