8 01, 2021

Paycheck Protection Program and Stimulus Programs Update

By |2021-01-11T08:23:59-07:00January 8th, 2021|Blog, Member News, News & Press, Policy|0 Comments

The Economic Aid Act The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act is a $325 billion aid package providing additional assistance to the hardest-hit small businesses, nonprofits, and venues struggling to recover from the impact of the COVID-19 pandemic. The act provides funding for a second round of forgivable loans through the [...]

3 06, 2020

Utah Leads Together: PPP Loan Forgiveness

By |2020-07-02T11:47:30-07:00June 3rd, 2020|Blog, Policy, Utah Leads Together Webinar, Webinar|0 Comments

The good news is that Bloomberg ranked Utah first in the nation for SBA loans awarded as a percent of eligible payroll at 97.5% meaning those eligible have been receiving those loans. Utah Bankers have processed 47,046 loans totaling $5.5 billion in PPP funds to Utah businesses. Now the conversation has turned to PPP loan [...]

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