SBA Announces Reopening
of PPP for Jan. 11,
Outlines New Guidance
The U.S. Small Business Administration (SBA) today announced that the Paycheck Protection Program (PPP) will reopen the week of January 11 for new borrowers and January 13 for second draw borrowers. For companies interested in applying for a new PPP loan, we strongly urge you to promptly consult with your financial institution and tax advisor to ensure you have the latest information as elements are still evolving, and are prepared to act as the loan funds become available.
Key updates to this round of funding include:
SMALL BUSINESS GRANTS FOR COVID-19 RECOVERY
The grant team has selected 48 awardees for the Michigan Small Business Restart Grant. $268,000 from the federal C.A.R.E.S. Act will be disbursed over the next two weeks. There were 96 grant request for a close to $1.6 million. The list of awards will be released by the Michigan Economic Development Corporation (MEDC) sometime in late September.
MECOSTA COUNTY STATISTICS
Mecosta County is committed to working as a partner with Travel Michigan's award winning Pure Michigan advertising campaign. Support from a variety of local partners resulted in Mecosta County's participation in the marketing campaign. To learn more about the treasures awaiting to be discovered in Mecosta County, click on the link below to listen to the Mecosta County 'Best Kept Secret' Pure Michigan radio ad! Be sure to visit Michigan's official Travel and Tourism site to learn more about what our great state has to offer.
For local information contact the Mecosta County Convention and Visitors' Bureau.
At the annual meeting on December 11, 2020, the Mecosta County Development Corporation Board of Directors elected Michele Graham, supervisor for Mecosta Township, to serve as chair for 2021. Board members also elected, Mark Gifford, city manager for Big Rapids as vice chair, Bill Stanek, supervisor of Big Rapids Township as treasurer and Eric Gustad, community affairs director for Consumers Energy will serve as secretary. The board also elected the following to the executive committee: Paul Bullock, Controller/Administrator for Mecosta County, Michelle Rasmussen, Office of the President, Ferris State University, and Bob Fisher, President of Lake Osceola State Bank.
Jim Sandy serves as the President and can be contacted by email at: email@example.com