Crisis Preparedness

Find the latest news, FAQs, agency responses, media resources, and information on hurricane preparedness, industry responses to the coronavirus pandemic, PPP lending and much more here.

Natural disaster news and resources

Mar 15, 2021 | NewsWatch Today
ICBA: Two-tiered deadline will ensure SBA clears PPP loans on hold

ICBA thanked policymakers for introducing The PPP Extension Act of 2021, which pushes the application deadline until May 31 and creates a second deadline of June 30 for the Small Business Administration to clear the thousands of Paycheck Protection Program loan applications in process.

Mar 15, 2021 | NewsWatch Today
SBA updates PPP guidance

The Small Business Administration on Friday updated its frequently asked questions as well as its guidance concerning how to calculate revenue reduction and maximum loan amounts for first- and second-draw Paycheck Protection Program loans.

Mar 12, 2021 | NewsWatch Today
New round of EIPs starts today

The IRS said it will begin distributing the third round of Economic Impact Payments today, with an effective entry date of this Wednesday, March 17.

Mar 11, 2021 | NewsWatch Today
Congress approves stimulus plan

ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress passed and President Joe Biden is expected to sign into law soon.

Mar 11, 2021 | NewsWatch Today
ICBA testifies: Don't leave PPP applicants stranded

The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, ICBA community banker Alice P. Frazier told the House Small Business Committee

Mar 11, 2021 | Coronavirus Update
FS-ISAC Coronavirus Update, March 11, 2021

President Joe Biden announced he is directing the Department of Health and Human Services to purchase an additional 100 million doses of the Johnson & Johnson Covid-19 vaccine. With that, the country is now on track to have enough vaccine for every adult by the end of May.