Port Clinton Area Chamber of Commerce

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  • Chamber
    • About Us
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    • Board of Directors
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    • Testimonials
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    • Mobile App
    • Chamber Store
  • Events
    • Calendar
    • Business >
      • Annual Dinner
      • Business After Hours
      • Job Fair
      • Lunch-N-Learn
      • Speed Networking
    • Festivals >
      • Walleye Festival
      • Riverfront Live
      • Rock the Light
    • Holiday >
      • Trick or Treat
      • Community Christmas
    • Community Fun >
      • Sunset Cruise
      • Car Show
      • Golf Outing
    • Photo Gallery
  • News
    • Chamber Blog
    • Member Spotlight
    • Information To Know
    • Newsletters
    • Join Mailing List
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    • Important Numbers
    • Ottawa County Map
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    • Organizations
    • Request Response
    • Coupons
    • Gift Certificate Program
  • Contact
  • Membership
    • Join the Chamber
    • Premier Membership
    • Membership System
    • Member Benefits
    • Chamber Resources
    • Member's Area
    • Member Support
  • Sign In

PC Chamber Blog

US Small Business Association: Breaking News

4/1/2020

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BREAKING: With $349 billion in emergency capital cleared, SBA and The U.S. Department of the Treasury begin an unprecedented public-private mobilization effort to distribute funds to help small businesses.
The Coronavirus Aid, Relief, and Economic Security Act (#CARESAct) established a new $349 billion Paycheck Protection Program, which will provide much-needed relief to millions of small businesses so they can sustain their businesses and keep their workers employed.
The new program will help small businesses with their payroll and other business operating expenses. It will provide critical capital to businesses without collateral requirements, personal guarantees, or SBA fees – all with a 100% guarantee from SBA. All loan payments will be deferred for six months. SBA will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.
▶️ Read the full press release: http://ow.ly/2OYT50z1xEU
▶️ Learn more about the Paycheck Protection Program and how to apply: https://sba.gov/coronavirus
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    Nicole Kochensparger
    ​President/CEO

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Port Clinton Area Chamber
110 Madison Street 
Port Clinton, OH 434522

P:  (419) 734-5503
F:  (419) 734-4768
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