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…
The Pulse of Small Business: An Industry Breakdown
The COVID-19 pandemic has disproportionately impacted businesses that typically require more person to person contact. Recovery rates and changes in the operating capacity of small businesses since the start of the pandemic have also…
SBA Environmental Roundtable Meeting- January 15, 2021
FRIDAY, January 15, 10 a.m. – 12:30 p.m. Please note the date change for this roundtable.
Via Microsoft Teams Meeting
The next U.S. Small Business Administration Office of Advocacy Environmental Roundtable will meet virtually to…
Consumer Financial Protection Bureau Releases Report on Implementing The Dodd-Frank Act’s Small…
On December 14, 2020, the Consumer Financial Protection Bureau (Bureau) issued a panel report as part of its rulemaking process under Dodd-Frank Act Section 1071 governing the collection and reporting of small business lending data. …
Final DOE Rule Aims to Clear Interim Waiver Application Bottleneck
By Prianka Sharma, Assistant Chief Counsel
On December 11, 2020, the U.S. Department of Energy (DOE) finalized a rule streamlining its approach to the energy efficiency test-procedure interim waiver process. The Energy Policy and…
SBA Environmental Roundtable Meeting – December 18, 2020
FRIDAY, December 18, 10 a.m. – noon.
Via Microsoft Teams Meeting
The next U.S. Small Business Administration, Office of Advocacy Environmental Roundtable will meet virtually to discuss the following topics, beginning at 10 a.m.…