Alabama Small Business News

Businesses and residents in the declared disaster area can now apply for low-interest disaster loans from the U.S. Small Business Administration. The disaster declaration covers Baldwin, Escambia and Mobile counties in Alabama, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small

Bill Cummins, Executive State Director of UA’s Alabama Small Business Development Center Network (ASBDC), has been appointed to serve on the Advisory Committee of the US Export Import Bank of the United States (EXIM Bank). The EXIM Advisory Committee, as required by the U.S. Congress, advises EXIM

On June 8th, 2020, SBA published a Press Release regarding the enactment of the PPP Flexibility Act. You can view the entire release here: June 8, 2020 Press Release Here are the highlights: Upcoming ProceduresSBA, in consultation with Treasury, will promptly issue rules and guidance, a modified

The SBA Economic Injury Disaster Loan program is now open to all 67 counties in Alabama. The Alabama SBDC is hosting a series of webinar to prepare companies for the application process. SBA Offers Disaster Assistance to Alabama Small Businesses Economically Impacted by the Coronavirus (COVID-19) ATLANTA – TheU.S.

While the statewide declaration for Alabama is still pending, thanks to the declarations in Florida, Georgia, Mississippi, and Tennessee, twenty-eight counties that border those states are now eligible for the SBA Economic Injury Disaster Loan. Bordering Florida: Baldwin, Covington, Escambia, Geneva, Houston Bordering Georgia: Barbour, Chambers, Cherokee,

In addition to guidance from the CDC, see below for updates from the AL Department of Revenue and AL Department of Labor. Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19) The Centers for Disease Control and Prevention (CDC) offers the most

Many have been asking about the SBA’s Disaster Assistance Loan Program. Here is what we know: The Federal Emergency Declaration last week activated the SBA’s Economic Injury Disaster Loan program (EIDL). We expect the program to cover the entire state, and not just counties where individual have

In recognition of her contributions to serving Alabama’s small business community, Cassie Chandler, SBDC Business Advisor at Jacksonville State University, has been awarded the “State Star” award from the Association of Small Business Development Centers.