COVID-19 LATEST NEWS
In case you missed it! Building on a month of strong Paycheck Protection Program results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps that will further promote equitable relief for America’s mom-and-pop businesses. These simple progressive steps further demonstrate the commitment to racial and gender equity, reaching low and moderate-income, rural, urban, and other underserved areas. The SBA has established a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employee that ends on March 9, 2021 at 5:00 pm ET. Additionally, the Agency will:
- Allow sole proprietors, independent contractors, and self-employed individuals to receive more financial support by revising the PPP’s funding formula for these categories of applicants
- Eliminate an exclusionary restriction on PPP access for small business owners with prior non-financial fraud felony convictions, consistent with a bipartisan congressional proposal
- Eliminate PPP access restrictions on small business owners who have struggled to make federal student loan payments by eliminating federal student loan debt delinquency and default as disqualifiers to participating in the PPP; and
- Ensure access for non-citizen small business owners who are lawfully residing in the U.S. by clarifying that they may use an Individual Taxpayer Identification Number (ITIN) to apply for the PPP.
These actions will help to lay the foundation for a robust and equitable recovery for small businesses across the country. Small businesses employ nearly half of the American workforce; they create 2 out of 3 net new private-sector jobs; they reinvest 68% of revenues to build and sustain communities.
Nevada Unemployment Insurance Program:
General Information:
To file a UI claim online:
To file a claim by telephone number:
http://ui.nvdetr.org/uinv_contact_us.htm
Coronavirus update: Nevada is providing updates on Unemployment Insurance changes related to COVID-19 here:
https://detr.nv.gov/Page/COVID-19_(Coronavirus)_Information_for_Claimants_and_Employers
We are HERE for YOU!
If you have any questions, please email admin@nvsmallbizcouncil.com or you can contact us at (702) 848-2098. Sign-up to get updated information.
Helpful Links
Small Business Resource Hub
Paycheck Protection Plan (2nd Draw)
Paycheck Protection Plan (2nd Draw)
National Asian and Pacific Islander Chamber of Commerce's website dedicated to helping small businesses get access to capital, and information about federal, state, and local programs.
Paycheck Protection Plan (2nd Draw)
Paycheck Protection Plan (2nd Draw)
Paycheck Protection Plan (2nd Draw)
SBA, in consultation with the U.S. Treasury Department, reopened the Paycheck Protection Program (PPP) for First Draw PPP Loans the week of January 11, 2021. SBA began accepting applications for Second Draw PPP Loans on January 13, 2021.
SBA is currently accepting Second Draw PPP loan applications from participating lenders.
Who May Qualify?
A borrower is generally eligible for a Second Draw PPP Loan if the borrower:
- Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses
- Has no more than 300 employees; and
- Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020
Video Links
February 9th Virtual Lunar New Year Celebration
February 9th Virtual Lunar New Year Celebration
February 9th Virtual Lunar New Year Celebration
February 24th SBA COVID Relief Programs Webinar
February 9th Virtual Lunar New Year Celebration
February 9th Virtual Lunar New Year Celebration
Roundtable Discussion with U.S. Secretary of Transportation Elaine L. Chao in Las Vegas
On January 7, 2020, the Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE) hosted a roundtable discussion in Las Vegas with U.S. Secretary of Transportation Elaine L. Chao. The Secretary was joined by National ACE Board Chair and President of CSMI, Dr. Karen Eng; National ACE President and CEO, Chiling Tong; and Jan-Ie Low, Commissioner, President’s Advisory Commission on Asian Americans and Pacific Islanders. Held at the Stirling Club, the conversation included Asian American and Pacific Islander community, Nevada Small Business Council members, and other business leaders from Las Vegas who spoke about economic development, entrepreneurship, innovation, and small business issues.
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EVOLVE Realty
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SATAY Thai Bistro & Bar
SATAY Thai Bistro & Bar
Uehara Financial & Longevity Planning
SATAY Thai Bistro & Bar
SATAY will celebrate 15 years in May 2020! Full Bar, Private Room, Catering, and Delivery! For More Info: www.SatayLasVegas.com