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AIDEA Announces AK CARES Funding Program Partnership with DCCED and Credit Union 1 to Support Alaska Small Businesses (Anchorage) – The Alaska Industrial Development and Export Authority (AIDEA) Board at its May 20th meeting unanimously approved a resolution that creates in AIDEA the AK CARES Funding Program to support small Alaska businesses that have been impacted by the COVID-19 pandemic. This program is in partnership with the Alaska Department of Commerce, Community, and Economic Development
Welcome back to business, some things have changedAlaska agency provides businesses tools to effectively communicate safety changesANCHORAGE, Alaska—It’s safe to say “return to work” doesn’t mean return to normal. The world has shifted, businesses are quickly adapting, and so will the ways they communicate with customers and clients. Thompson & Co. Public Relations is providing local businesses a boost with new service packages designed to provide efficiencies, assurances and relief using communications
WASHINGTON—Today, the U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). SBA will also soon issue regulations and guidance to further assist borrowers as they complete
ANCHORAGE — The Municipality of Anchorage dedicated $1 million for grants to small businesses and nonprofits impacted by COVID-19. Too many small businesses and nonprofits are bearing the cost of responding to the public health crisis, and this fund will provide some support as Anchorage moves through these incredibly challenging times. The Municipality is partnering with Cook Inlet Lending Center (CILC) to process and distribute small business and nonprofit stabilization funds. The application period
SEATTLE – The U.S. Small Business Administration (SBA) released an updated Paycheck Protection Program (PPP) Report detailing data from the second round of PPP funding through May 8. This report contains PPP loan numbers and volume by state along with lender segments – including PPP loans made by CDFIs, MDIs, non-banks and lenders with less $1 billion in assets. The following is summary of all available PPP data for states in the SBA Pacific Northwest Region plus national numbers for
Weekend Market is Open but Altered due to COVID-19 Restrictions Food trucks and food vendors will be allowed during Phase 1 & 2 Anchorage, AK – May 8, 2020 Due to the Municipality of Anchorage’s COVID-19 restrictions that have been put in place, the Weekend Market in downtown Anchorage will be allowed to only host food trucks or produce/food vendors during Phase 1 & 2. “While the Weekend Market looks very different for 2020 due to COVID-19 restrictions, it is still open and home to support
ANCHORAGE – Municipality of Anchorage residents may register for a Free Summer Disposal Pass from the Department of Solid Waste Services (SWS) starting Monday, May 4. Residents can register at www.muni.org/sws for a pass that allows them disposal of one free load of garbage. Registration opens at 8 a.m. Monday, May 4 and closes at midnight Monday, May 18. Passes will be valid through Sept. 5, 2020.All free drop-offs must go to the Anchorage Regional Landfill in Eagle River. Passes will not be accepted at
Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on the Success of the Paycheck Protection Program
WASHINGTON— U.S. Small Business Administration Administrator Jovita Carranza and U.S. Secretary of the Treasury Steven T. Mnuchin today issued the following statement on the success of the Paycheck Protection Program (PPP): “The Paycheck Protection Program is providing critical support to millions of small businesses and tens of millions of hardworking Americans. “Since Round 2 of PPP loan processing began on April 27, 2.2 million loans have been made to small businesses which surpasses the number of
Measures preliminary impact of COVID on local business Today, Anchorage Economic Development Corporation (AEDC) released the results of their second round COVID-19 Business Impact Survey, showing recent effects from COVID-related changes to operations, closures and more. Questions were formulated by AEDC staff in partnership with the McDowell Group. “We see a lot of businesses that have witnessed very significant impacts to their finances, including substantial losses in revenue,” said Bill Popp, AEDC
Alaska Airlines and BP Alaska are partnering to reinforce the supply chain in Alaska during the current public health emergency. BP Alaska is providing 1 million gallons of Jet A fuel to Alaska Airlines to support critical flying in the state of Alaska. “We have always had a great relationship with BP Alaska, moving both workers and supplies to keep North America’s energy flowing,” said Marilyn Romano, regional vice president, Alaska Airlines. “They have been supporting communities throughout Alaska for
Coca-Cola Scholars: Regional Finalist for $20,000 College Scholarship Cameron Blackwell@ Soldotna High School •Coca-Cola Scholars•(150) $20,000 College Scholarships•Provides•10 Years to use $20,000 towards Tuition/Housing/Textbooks/Computer•Timeline•(150) Coca-Cola Scholars Announced•March, 2020•Coca-Cola Scholars Banquet•April 16, 2020 Applications Open: August 1-October 31, 2020 Apply:Here