Frequently Asked Questions About Small Business, 2020
Advocacy’s most requested publication, Frequently Asked Questions About Small Business, gathers the most up-to-date statistics about American small businesses in one place. Updated annually, the FAQ is a convenient place to find facts…
Resources for Small Businesses in Response to the Novel Coronavirus Pandemic
Updated January 21, 2020, 2:30pm ET
The Office of Advocacy will share small business resources and information related to the coronavirus pandemic as we receive them.
SBA COVID PAGE
Paycheck Protection Program Reopening
On…
2020 Small Business Profiles For The States And Territories
Advocacy’s Small Business Profiles are an annual portrait of each state’s small businesses. Included in each are snapshots into each state’s small business health and economic activity. Some economic data is also supplied for U.S.…
NMFS Seeks Comments on Designations of Critical Habitat for Ringed Seals and Beringia Distinct…
On January 8, 2021 the U.S. Department of Commerce’s National Marine Fisheries Service (NMFS) published two proposed rules to establish critical habitat for ringed and bearded seals. Both rules concern areas of marine habitat in the…
EPA’s Proposed Toxic Substance Control Act Fee Revisions
On January 11, 2021, EPA proposed revisions for its 2018 fees rule under the Toxic Substance Control Act (TSCA). EPA is required to review and adjust the fees, if necessary, every three years. Among the proposed changes, EPA is…
APHIS Seeks Comments on Whether to Regulate Movement of Animals Modified or Developed by Genetic…
On December 28, 2020, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) published an advance notice of proposed rulemaking to solicit comments and feedback on whether to establish a regulatory…
EPA’s Notice of Data Availability for its Reconsideration of Beneficial Use Criteria and Piles
On December 22, 2020, EPA published a notice of data availability and a request for additional information to reconsider its definition of “beneficial use” and its provisions for coal combustion residuals (CCR) piles. In August 2020, EPA…
Advocacy Submits Comment Letter to OIRA on System for Award Management (SAM) Exemption for Small…
On December 21, 2020, the U.S. Small Business Administration Office of Advocacy (Advocacy) submitted a comment letter in response to a Guidance for Grants and Agreements published in the Federal Register by the Office of Information and…
December Small Business Advocate
The Office of Advocacy has released the latest edition of its newsletter, “The Small Business Advocate,” Vol. 39, No. 11. If you would like to subscribe to our newsletter, you may do so here.
Do Banks Lend Where They Borrow? A Study on Local Small Business Lending in the U.S.
Lending to businesses in counties where a bank has no branches is highly sensitive to economic conditions. During the 2007 recession, distant lending contracted far more sharply than local lending, leaving the share of loans made at a…
Department of Defense Implements Cybersecurity Maturity Model Certification
On November 30, 2020, the Defense Acquisition Regulations System implemented changes to the Department of Defense’s Cybersecurity Maturity Model Certification (CMMC). The CMMC, designed to improve cybersecurity measures for U.S. defense…
Change in Small Business Loans Outstanding During the COVID-19 Pandemic
The Paycheck Protection Program and Economic Injury Disaster Loan program had significant impacts on the small business lending market. The value of outstanding loans of less than $1 million (considered to be small business loans)…
Yes, Small Businesses, Expenses Paid with Forgiven PPP Loans Are Deductible
The small businesses were worried, restless in their beds, as nightmares of tax liabilities danced in their heads. Then, in the late-night hours of Monday, December 21, 2020, a little holiday spirit was sprinkled over small businesses when…