By ZACHARY WARMBRODT, VICTORIA GUIDA and KATY O'DONNELL, Watchdog sees massive potential loan fraud at SBA, sparking fight with agency, Velázquez blasts SBA for 'obstruction' in probe of massive aid programs, Oversight group says SBA misled public on disaster loan fraud, Democrats fight to give 'severely underfunded' business rescue new life, Derailment of small business rescue clouds U.S. recovery, Black applicants faced discrimination in securing PPP loans, study finds, Florida Democrats return PPP money amid scandal, Small business aid winners include Five Guys, Planned Parenthood, Grindr, Senate agrees to extend small business rescue in surprise move. NBA Hall of Famer Ervin “Magic” Johnson has been working overtime to support small businesses impacted by the pandemic. I am originally from Seattle, Washington, but grew up in. Learn about your multiple funding options as you seek funding relief from the COVID-19 Pandemic. Small Business News. His latest assist: partnering with the Amazon Welcome to the official federal resource website for U.S. small businesses affected by COVID-19 (Coronavirus). Magic Johnson is doubling down on supporting small businesses affected by Covid-19. small businesses Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Paying attention to the latest small business trends puts you ahead of your competition and with 30 million small businesses in the United States, the competition is fierce.By knowing the latest business news and trends, it’s easier to grow company sales, … “They are the pillar of our communities and anchor our economy, employing a little less than half of all Americans.”. Welcome to the official federal resource website for U.S. small businesses affected by COVID-19 (Coronavirus). “It’s important for me to do my research on the leadership and get to know them personally.”, Ahead of Prime Day last month and for the holiday season, Amazon vowed to allocate more than $100 million to help small businesses around the world grow their sales and customer bases.". small businesses Blogs, Comments and Archive News on Economictimes.com CISA has prepared critical guidance during the COVID-19 pandemic that can help you identify the critical key steps to ensure a solid infrastructure. His latest assist: partnering with the Amazon AMZN Small Business division on its "Support Small'' initiative that features his gift guide highlighting small businesses … Loans and forgiveness are processed by lending institutions, however, you can prepare your application by completing this document including identifying what documents are required. The holidays are supposed to be a time of joy and cheer, and hopefully we can support these small businesses and provide great gift options for many individuals.”. I am a graduate of Washington State University with a degree in Sociology, where I developed my passion for studying and writing about cultures. Understand federal guidance on COVID-19 related safety, compliance, and regulations for travel and logistics. If so, please provide us with your contact information. “Firms with fewer than 500 workers make up the vast majority of all businesses in the United States, well over 90%,” Johnson told For(bes) The Culture via email. Champagne, Gold and Green — The Colors of 2021? Continue your operational contracting programs and federal contracts. Shortly after, he partnered with MBE Partners and Carver Federal Savings Bank to fund another $225 million in PPP loans. “Our country needs small businesses to keep the economy going, provide tailored solutions for their customers, and most importantly provide jobs and the ability for many Americans to build wealth for their families,” says Johnson. Prepare and provide your employees who may have been affected with COVID-19 with the right protocols to apply for Family Medical Leave Act and other related benefits. All Rights Reserved, This is a BETA experience. Your feedback is important to us. Learn how to continue your small business contracting programs with federal contracts during the COVID-19 Pandemic. You can view relevant federal agency resources, access the latest news, and search for a Small Business Advisor near you. “So many have struggled to bounce back during this time, and we have to do all we can to ensure they are still around to support their communities. You can view relevant federal agency resources, access the latest news, and search for a Small Business Advisor near you. Latest news, headlines, analysis, photos and videos on Small Business Administration “Small businesses need our help now more than ever given the effects of Covid-19,” says Johnson. Get up-to-date information on COVID-19 tax and filing requirements and benefits. © 2020 Forbes Media LLC. In April, Johnson announced that his insurance company, EquiTrust, would provide $100 million in financing for women and minority-owned businesses as part of the Small Business Administration’s embattled Paycheck Protection Program. Founded in 2003, Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. Find a local advisor near you to assist with all of your small business needs. You may opt-out by. Small Business division on its "Support Small'' initiative that features his gift guide highlighting small businesses across the country to shop from this holiday season. Funded through a grant from the U.S. Small Business Administration. Opinions expressed by Forbes Contributors are their own. Help your employees learn and adhere to all of the federal safety guidelines so you can operate your business with resiliency. I am a Forbes contributor I write about sports, entertainment, and culture, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice. Information for workers and employers includes links to interim guidance and other resources for preventing exposures to, and infection with COVID-19. I am originally from Seattle, Washington, but grew up in Richardson, Texas. Prepare your employees as they navigate the economic effects of the COVID-19 virus with resources from the Department of Labor. Overcome your financial challenges and find relief with access to multiple federal funding options. Proactively protect the health of your business and employees by learning from specialists in the federal government. Johnson joins the ranks of other celebrities including Ayesha Curry and Jessica Alba that have partnered with Amazon to create gift guides. Loan and lender resources to utilize while operating your business during the COVID-19 Pandemic. Identify and understand the critical infrastructure and cybersecurity requirements of your operations and keep your employees’ data safe and secure. Among the companies Johnson has highlighted in his Amazon gift guide is Black-owned coffee company BLK & Bold. ... Keap introduced new Keap Max, the latest sales and marketing software for small business. 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