Category Archives: News

SBA and Treasury Reveal Small Businesses that Received PPP Loans

Posted on by NAWRB
SBA
09 Jul

The U.S. Small Business Administration (SBA) and Treasury Department released detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). The disclosed data covers each of the 4.9 million PPP loans that have been made thus far, and includes business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges above or below $150K. 

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Fourth of July 2020: Tips for Staying Safe During COVID-19

Posted on by NAWRB
Happy 4th
03 Jul

Today marks 244 years of independence for the United States! The Fourth of July is a day in which the nation celebrates the anniversary of the Declaration of Independence signed in July 1776. In commemoration of Independence Day, the U.S. Census Bureau has released interesting facts about the Founding Fathers, the nation’s changing population and the various ways Americans celebrate this national holiday.

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VIDEO: Experts on the Social Impact of Data Analytics, Recession & Climate Change

Posted on by NAWRB
48551939047_37e76839cc_c
02 Jul

Industry experts were worried about a possible recession even before the advent of the COVID-19 crisis, and these discussions took place during the 2019 NAWRB Conference. Watch the newly released video featuring Moderator Desiree Patno, CEO & President of NAWRB, Advisor of Amicus Brain, Chairman of NDILC; and CSO of Zulu Time; Marina B. Walsh, Vice President of Industry Analytics, Research and Economics, at Mortgage Bankers Association (MBA); and Brian De Lucia, Managing Partner at Arrivato LLC, as they discuss how industries in the housing and real estate ecosystem can achieve social impact through data analytics, and other factors that could have contributed to today’s recession. 

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House Passes Bill to Extend Paycheck Protection Program Until August 8th

Posted on by NAWRB
SBA
02 Jul

The House has unanimously passed a bill that will extend the Paycheck Protection Program (PPP) until August 8th, which was originally set to end on June 30th. The bill now awaits President Trump’s signature to officially extend the federal government program that provides forgivable loans to small businesses economically impacted by the COVID-19 crisis.

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Know the Rules of the Game Ⓡ Podcast: Black Bill of Rights

Posted on by NAWRB
Jasper James
29 Jun

Tune in on Wednesday, July 1st, at 8 AM PST for Know the Rules of the GameⓇ Podcast: Black Bill of Rights with your host Desirée Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB), and Special Guest Jasper James, Co-Founder of Allies of Black Lives Matter and Activism Articulated, one of the only advocacy communications firms run by queer, mixed-race women of color. Jasper will enlighten audiences on the “Black Bill of Rights,” a conceptual framework meant to empower Black communities in all facets of American life.  Listen: https://www.nawrb.com/podcast/.

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Know the Rules of the Game Ⓡ Podcast: Latest Rules on the SBA EIDL & PPP Loans

Posted on by NAWRB
PodcastPPP
25 Jun

Welcome to Know the Rules of the GameⓇ Podcast: Latest Rules on the SBA EIDL & PPP Loans with your host Desirée Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB). The CARES Act, which was signed into law by President Trump on March 27, 2020, established the SBA Economic Injury Disaster (EIDL) Loans & PPP (Paycheck Protection Program). These two programs have had several revisions during this extremely short time of processing millions of loans. On June 15th and June 5th, 2020 respectively, these SBA COVID-19 Relief Options issued additional guidelines and ease of processing. Listen here! 

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SBA & Treasury Will Increase Transparency of Paycheck Protection Program Loans

Posted on by NAWRB
SBA
22 Jun

On June 19th, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury made a joint announcement that they will make additional data public regarding the Paycheck Protection Program (PPP), in agreement with leaders of the U.S. Senate Small Business Committee. In doing so, they will make a concerted effort to facilitate the interests of both transparency of data and protection for small businesses who receive PPP loans. 

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SBA Releases EZ Forgiveness Application in Response to PPP Flexibility Act of 2020

Posted on by NAWRB
SBA blog image 2020
17 Jun

In response to the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020, the U.S. Small Business Administration (SBA) posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application. In addition to revising the full forgiveness application, SBA also published a new “EZ version” of the forgiveness application. “These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan,” states the SBA’s official press release. 

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Must-Know Facts about Elder Financial Abuse

Posted on by NAWRB
Financial Elder Abuse
16 Jun

Elder financial abuse is a growing problem, leaving destroyed relationships and economic destruction in its wake.  From straightforward theft to slow development through complex relationships, the tremendous loss of wealth incurred by senior citizens results in premature deaths and intergenerational loss of wealth. It ultimately rips at the fabric of society as a whole as trust among family members and faith in financial institutions are destroyed.

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SBA Reopens Economic Injury Disaster Loan and Advance Program for Small Businesses, Non-profits

Posted on by NAWRB
SBA
15 Jun

The U.S. Small Business Administration (SBA) announced today that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible U.S. small businesses, private non-profit organization or 501(c)(19) veterans organizations, who are experiencing economic impacts due to COVID-19. The EIDL program, established by the CARES Act, offers long-term, low interest assistance that can alleviate temporary loss of revenue and help cover payroll and inventory, pay debt or fund other expenses.  

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