AGP Executive Report
Last update: 4 hours agoSBA Disaster Relief: SBA opened low-interest disaster loan applications for Wisconsin storm victims, with eligibility tied to April 13–23 damage across 19 counties plus the Oneida Nation, and Economic Injury Disaster Loans available for adjacent areas. SBA Fraud Crackdown: SBA suspended 7,800 Wisconsin borrowers linked to $375 million in suspected PPP and COVID EIDL fraud, barring future SBA loans and flagging broader state-by-state reviews. More Borrowing Power: A new SBA rule lets small businesses double their combined 7(a)/504 borrowing limit to access up to $10 million in SBA-backed financing. Repair Rights: The FTC and states reached a 10-year settlement with John Deere requiring equal access to software diagnostic and repair tools for farmers and independent repair shops, ending a dealer-only “repair monopoly.” Local Cost Pressure: Alameda County’s $30 minimum wage measure qualified for the November ballot, with a phase-in that reaches $30 by 2037 for small businesses. Local Business & Jobs: A Queen Anne’s County access-to-capital workshop connected entrepreneurs with SBA and lending partners, focusing on financing readiness and lender expectations. Policy Watch: New York’s Delivery Protection Act (Intro 518) faces a pause after April hearings, with licensing and staffing rules aimed at Amazon delivery subcontracting. Entrepreneurship Trend: A look at how the search fund model is reshaping small business ownership by shifting from startups to buying proven companies.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.