Small Business Administration

RENO, Nev. — With the Small Business Administration resuming their Paycheck Protection Program earlier this week, and other organizations such as Prestamos CDFI joining in to offer other forgivable loan programs, University of Nevada, Reno Extension will offer free online town halls with representatives from these organizations and other lenders, as well as Extension experts, explaining eligibility, the application process and other details on the assistance programs.

As the new year kicks off and another COVID-19 stimulus package has been passed, University of Nevada, Reno Extension will offer free online town halls and webinars next week and the following week to provide small businesses owners with details on the stimulus package, as well as guidance on marketing and taxes. Discussion on the new stimulus package will include improvements to the Small Business Administration's Paycheck Protection Program, as well as emergency enhancements being made to related lending programs.

As a year with unprecedented challenges for small businesses comes to a close amid another COVID-19 surge, University of Nevada, Reno Extension will offer a free online town hall to provide small businesses with information to help them make some important year-end decisions. The English-language session will be this Wednesday, Dec. 2, at 9 a.m.; and the Spanish-language session will be next Wednesday, Dec. 9, 5:30 p.m.

RENO, Nev. — Approaching the year's final quarter, many small businesses across the state are still in need of COVID-19 relief funds, and each month there are new grant opportunities.

The first USDA Business and Industry CARES Act loan, intended to protect America’s small farms and businesses amidst the COVID-19 pandemic, went to an aquaculture farm in Iowa and was brokered by Carson City-based Greater Commercial Lending (GCL). These CARES Act loans provide working capital to help rural businesses prevent, prepare for or respond to the effects of the coronavirus pandemic.

University of Nevada, Reno Extension continues its online town hall and webinar series next week to assist small-business owners. With many businesses still struggling due to COVID-19, some are having trouble maintaining good credit or paying vendors.

If the last recession was any indication, small businesses that bank with a community bank will weather this recession better than entrepreneurs that bank big.

With COVID-19 decreasing face-to-face interaction, it is more important than ever for small businesses to connect successfully with their customers, and potential customers, through their websites and digital media. University of Nevada, Reno Extension is offering an online town hall this Wednesday on website best practices for small businesses.

Tens of thousands of Nevada small businesses and organizations — from casinos and law firms to churches and even strip clubs — received at least $3.1 billion through the Paycheck Protection Program stimulus package, according to a massive disclosure made by the federal government.

With small businesses needing to make many adjustments to their operations amid COVID-19 restrictions and economic challenges, University of Nevada, Reno Extension is offering town halls this Wednesday to introduce small-business owners to resources available to them.

With small businesses reopening and needing to adjust their operations amid COVID-19 restrictions and economic challenges, University of Nevada, Reno Extension is teaming up with the Nevada Small Business Development Center to offer an online town hall this week, “The Nevada SBDC and Business Counseling.”

With small businesses reopening and needing to adjust their operations amid COVID-19 restrictions and economic challenges, University of Nevada, Reno Extension is offering three different online programs this week to help small businesses with specific challenges.

With assistance for small businesses related to the pandemic constantly changing, many of Nevada’s small businesses are finding it hard to keep up with what assistance is available, as well as the requirements and how to apply. University of Nevada, Reno Extension is offering a free webinar June 19 to help small-business owners learn about one form of assistance, the Paycheck Protection Plan.

The Nevada Bankers Association is joining other local business organizations in pushing for a more simplified and streamlined process to help small businesses comply with the loan forgiveness requirements of the Paycheck Protection Program (PPP).

Besides needing funds available for small businesses during the COVID-19 crisis, small-business owners need additional support and guidance, as well as opportunities to talk with other small-business owners.

RENO - Based on processed applications as of May 13, 2020, Nevada State Bank has announced approval for 4,255 U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) loans totaling $592,005,500.

More than 68% of the loans were made to businesses with fewer than 10 employees and approximately 82% of the loans approved were for amounts less than $150,000 (57% for amounts less than $50,000). The funding will help preserve payrolls for 65,607 Nevada jobs, based on applicant data.

RENO — During the COVID-19 crisis, small-business owners need additional support and guidance, as well as opportunities to talk with other small-business owners. University of Nevada, Reno Extension is offering virtual question-and-answer “Coping With COVID-19 Town Halls” for small businesses every Wednesday, and webinars on specific topics for small businesses every Friday.

After faring poorly in the initial round, Nevada small businesses received the second highest number of approved loans and total aid in the second round of funding for the Small Business Administration emergency loan program compared with six similar-sized states.

Members of Nevada’s congressional delegation celebrated the White House’s decision Friday to allow small casinos to access a Small Business Administration emergency loan program.

The Nevada Small Business Development Center is pleased to announce a social media campaign to support small businesses across the state. The campaign, Support Small Businesses 5-Day Challenge, gives everyone a way to support small businesses from the safety of their home.

The Small Business Administration is opening up a forgivable loan program to all small gaming businesses, without revenue restrictions, under guidelines released this morning. The SBA had previously ...

Besides needing funds available for small businesses during the COVID-19 crisis, small-business owners need additional support and guidance, as well as opportunities to talk with other small-business owners.

Many Nevadans are adjusting to the proliferation of COVID-19 by practicing social distancing, stocking up on supplies and staying at home. The Nevada Independent is sharing their stories each day.

Nevada received the fewest number of loans and the least amount of money under the Small Business Administration Paycheck Protection Program (PPP) compared to states with comparable populations sizes, according to an analysis of

Greater Commercial Lending (GCL) continues to accept applications for the Paycheck Protection Program (PPP), authorized by the U.S. Small Business Administration (SBA) as a result of the recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). The company is one of the earliest business lenders to fully adopt the PPP in the State of Nevada since opening applications on Friday, April 3. By mid-day on Monday, April 6, over 400 Nevada businesses had submitted applications to GCL.

In response to the COVID-19 pandemic that continues to threaten local economies across the country, the U.S. Small Business Administration has increased efforts to alleviate the hardship experienced by small businesses.

Gov. Steve Sisolak’s request Tuesday night for all non-essential businesses in the state, including casinos, to close their doors for 30 days in order to avoid further spread of the novel coronavirus has been met with some confusion over what is and isn’t an “essential” business.

SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation:

Noble Studios, a creative digital performance agency, is calling on all Nevada nonprofits from Las Vegas to Reno to Elko and beyond to submit an application for their community service program, Noble Deeds, by March 6, 2020. The Noble Deeds program provides more than $200,000 in pro bono digital marketing services to one or more Nevada nonprofits during the calendar year.

Leave it to the Democrats to be mad that the American people finally get some help from Washington! The recent Republican tax reform has already benefitted hundreds of thousands of Americans with bonuses and 90+ percent will see larger paychecks. That 90+ percent includes a lot of their Democrat constituents too!