#paycheck protection program
Hilo man sentenced to 42 months in prison for defrauding COVID-19 relief programs
A Hilo man was sentenced in federal court to 42 months in federal prison for wire fraud in connection with a scheme to defraud the federal government of program funds intended for COVID-19-related relief.
391 Hawai‘i Health Care Providers to Receive Nearly $37M In Federal COVID-19 Relief
A total of 391 health care providers in Hawai‘i will receive a combined $36,994,939 in federal funding to respond to the COVID-19 pandemic and continue providing health care for families across the state.
Schatz Introduces New Legislation To Support Hotel Workers, Save Jobs
The Save Hotel Jobs Act will provide new grants and tax credits to help pay hotel employees, bring back laid-off workers and ensure safe workplaces.
Hawaiʻi Banks Secure $1.2 Billion in Federal Funds To Help 12,887 Local Businesses
Seven SBA-approved lenders have secured more than $1.2 billion in the second round of the federal Paycheck Protection Program to fund 12,887 local companies and support payrolls for an estimated 140,000 jobs statewide. The deadline to apply for PPP has been extended to May 31.
SBA Launches Portal to Begin Accepting Shuttered Venue Operators Grant Applications, April 8
The U.S. Small Business Administration launched a splash page for the Shuttered Venue Operators Grant application portal in anticipation of opening applications for the critical economic relief program on Thursday, April 8, 2021.
PPP Extension Advances, Includes Federal Relief for Hawai‘i Small Businesses
US Senator Brian Schatz (D-Hawai‘i) today voted to pass an extension of the Paycheck Protection Program. Under the measure, the deadline to apply for a PPP loan would be moved from March 31 to May 31.
Hawaiʻi Chamber of Commerce Foundation Survey Found Residents Support Aid for Small Businesses
Hawaiʻi residents would like to see legislative support for small businesses struggling due to the pandemic, according to a recent survey of 625 people conducted by the Hawaiʻi Chamber of Commerce Foundation.
More Assistance Available to Veterans in New Federal American Rescue Plan
The federal American Rescue Plan, which passed the US Senate March 6 and is expected to easily pass the US House of Representatives and be signed into law by the president in the coming days, includes additional assistance for veterans, according to a news release from Sen. Brian Schatz.
Update: Revisions to SBA Paycheck Protection Program
To give the smallest businesses a chance to secure a Paycheck Protection Program (PPP) loan, the Biden administration has announced that from Feb. 24, 2021 to March 10, 2021, only businesses with fewer than 20 employees may apply for a PPP loan.
60,000 Loans Approved in First Week of PPP Reopening
The US Small Business Administration has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over $5 billion, between the program’s reopening on Monday, Jan. 11, and Sunday, Jan. 17.
New Federal Pandemic Aid Available to Maui County’s Small Businesses
The Maui Economic Development Board held a recent webcast to update more than 220 small business owners about the new round of federal aid for the Paycheck Protection Program and Economic Injury Disaster Loan.