News

Blog

Rep. Loudermilk’s Business Brief: Congress Extends Deadline to Apply for PPP

July 2, 2020
| Posted in
On Wednesday, Congress passed legislation to extend the application deadline for the Paycheck Protection Program until August 8, 2020. The PPP still has $130 billion in available funds for small businesses.  Loan Forgiveness Application & Instructions While this program is far from perfect, numbers do matter; and, this program has undoubtedly helped save millions of […]
Read More

Rep. Loudermilk’s Business Brief: SBA Issues PPP Loan Forgiveness Guidance/Application

May 21, 2020
| Posted in
Dear Small Business Owners, The Small Business Administration (SBA) recently released the Paycheck Protection Program (PPP) loan forgiveness guidance and application. If you received a PPP loan, you must apply for forgiveness by submitting the application below; otherwise, you will have to pay back the loan. Loan Forgiveness Application & Instructions  Loan Forgiveness Application & […]
Read More

Rep. Loudermilk’s Business Brief: Free Webinar for Small Businesses

April 29, 2020
| Posted in
Dear Small Businesses, I wanted to bring to your attention a free webinar the University of Georgia Small Business Development Center at Kennesaw State University is hosting tomorrow for small businesses. This webinar will help answer your questions regarding the CARES Act, Paycheck Protection Program (PPP), and how to prepare your business to reopen. You […]
Read More

Rep. Loudermilk’s Business Brief: PPP Business Relief Funding Replenished

April 24, 2020
| Posted in
Dear Small Business Owner, Yesterday, I was in Washington, D.C. to vote in support of legislation to replenish the Small Business Administration’s popular Paycheck Protection Program (PPP) with $321 billion (see video below); and today, President Trump signed it into law. On Monday, April 27, 2020, the Small Business Administration will resume accepting PPP loan […]
Read More

Rep. Loudermilk Business Brief: Agreement Reached on More Funding for PPP

April 22, 2020
| Posted in
Dear Small Business Owner, Yesterday, the Senate passed a funding package that will provide more financial relief to small businesses affected by COVID-19. The package, which the White House negotiated with Senate and House leadership from both parties, includes $310 billion to add to the Small Business Administration’s Paycheck Protection Program (PPP). The House is […]
Read More

Rep. Loudermilk Business Brief: Non-Bank Lender Info

April 9, 2020
| Posted in
Dear Small Business Owner, The Small Business Administration (SBA) has just released the non-bank and non-insured depository institution lenders PPP application form. This form is for non-bank lenders, like financial technology (fintech) companies, to be approved to originate PPP loans. Depository and non-depository lenders are eligible to participate as lenders in the Paycheck Protection Program if […]
Read More

Rep. Loudermilk: Helpful Resources During COVID-19

April 8, 2020
| Posted in
Dear Georgians, During these challenging times, things are changing every minute, and it’s hard to determine fact from fiction. This is why I want to be sure you know about two important resources on my website to help you navigate through this time. My “Help Americans” page and “Stop Coronavirus” page are designed to provide […]
Read More

Rep. Loudermilk Business Brief: Find an Eligible Lender

April 8, 2020
| Posted in
Dear Small Business Owner, The Small Business Administration’s “find an eligible lender” tool is now available. This is a database of lenders approved to make the Paycheck Protection Program (PPP) loans, and business owners can search by zip code. Find Eligible Lenders Tool Below are the guidance and applications forms for the Paycheck Protection Program […]
Read More

Rep. Loudermilk Business Brief: Guidance and Application Forms Now Available for PPP

April 3, 2020
| Posted in
Dear Small Business Owner, The anticipated Paycheck Protection Program (PPP) guidance and application forms are now available from the Small Business Administration (SBA). Applications are being accepted as of today, and many private sector financial institutions are helping to process them. SBA Guidance SBA Lender Application Form SBA Borrower Application Form The Paycheck Protection Program […]
Read More