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VI SBDC Reminds Small Businesses of the Paycheck Protection Program Deadline

The Virgin Islands Small Business Development Center (VI SBDC) encourages small businesses affected by COVID-19 to apply for Paycheck Protection Program (PPP) federal disaster assistance before the March 31 deadline. Counselors and consultants are available to provide confidential consulting and no-cost assistance with application submission.

“Now is the time to contact the VI SBDC if you need assistance with the Federal Paycheck Protection Program as this funding opportunity is scheduled to end March 31, 2021. We urge small business owners to gather the necessary documentation to submit their applications,” stated Ted J. Gutierrez, VI SBDC state director.

The SBA has made available, a cross-program eligibility chart on SBA Coronavirus Relief options to bring clarity to small businesses for financial support. You can visit their website at  

More information is available in a news release on the Media Section of the UVI - and from this direct link