Paycheck Protection Program
Administration Changes
The Biden Administration has implemented changes to the Paycheck Protection Program that go into effect today. They are as follows:

  • Instituting a 14-day period, starting today and running through March 10th, during which only businesses with fewer than 20 employees can apply for relief through the program;
  • Helping sole proprietors, independent contractors, and self-employed individuals receive more financial support;
  • Eliminating an exclusionary restriction that prevents small business owners with prior non-fraud felony convictions from obtaining relief through the Paycheck Protection Program;
  • Eliminating an exclusionary restriction that prevents small business owners who are delinquent on their federal student loans from obtaining relief through the Paycheck Protection Program;
  • Ensuring access for non-citizen small business owners who are lawful U.S. residents by clarifying that they may use Individual Taxpayer Identification Numbers (ITINs) to apply for relief;
  • Addressing waste, fraud, and abuse across all federal programs. Unlike the previous round of the PPP, loan guaranty approval is now contingent on passing SBA fraud checks, Treasury's Do Not Pay database, and public records;
  • Promoting transparency and accountability by improving the PPP loan application;
  • Improving the Emergency Relief Digital Front Door;
  • Continuing to conduct extensive stakeholder outreach to learn more about challenges and opportunities in the implementation of current emergency relief programs;
  • Enhancing the current lender engagement model.

Click here to learn more about the program, find a lender, or access an application.
The Paycheck Protection Program expires on March 31, 2021.
Last Chance to Register for Tomorrow's Workforce Development Business Workshop
We Are Here to Help You Succeed
Are you looking to learn more about programs and grants available to
help you hire, train or re-train your staff? If so, this upcoming
 FREE Workforce Development Workshop is for you.

Topics to be Covered:
Hiring Assistance
On the Job Training Cost Reimbursement Grants
Federal & NYS Work Training Tax Credits
Re-Training or Cross-Training Current Employees
Apprenticeship Programs
Workforce Diversity
 
Presenters include the Niagara County Center for Economic Development, Niagara County Department of Employment & Training, NCCC Workforce Development, ACCES-VR, and Orleans Niagara BOCES
 
This FREE virtual workshop is scheduled for
Thursday, February 25, 2021 from 10:00 – 11:00 a.m.
 
Registration is required as space is limited
2021 Niagara County Agribusiness
Outreach Forum Coming Soon
NCCC SBDC Spring, 2021
Entrepreneur Series
Branding & Marketing
Best Practices Webinar
Stay Engaged for the
Latest Businesses Developments
Continue to look for emails from our office in the coming days and weeks updating you on the latest reopening news and what assistance is available to help you through this difficult time. Our staff is working hard to compile a complete list of guidelines, safety protocols and programs that are available. We will also share upcoming webinars and training that you can participate in. To learn more, be sure to visit our website and bookmark it.
Sincerely,

Niagara County Center for Economic Development
(716) 278-8750