Small Business Association of Michigan

The Small Business Association of Michigan (SBAM) is the only statewide and state-based association that focuses solely on serving the needs of Michigan’s small business community. We have been successfully serving small businesses like yours in all 83 counties of Michigan since 1969. We’re located in Lansing, just one block from the Capitol.

Business Can’t Assume Unmasked Patrons Have Medical Excuse

LANSING - Business owners shouldn’t assume someone not wearing a mask inside their establishments are medically unable to do so, Gov. Gretchen Whitmer said in an update to her mandatory mask executive order Friday. The Governor wrote in Executive Order 2020-153 that if a customer says he or she is not medically able to wear a

Federal Paycheck Protection Program Loans Now Available

LANSING - The $349 billion in federal loans allocated for small businesses are now available. For those of you who have not yet looked into these loans, here's what to do: 1. Be prepared. Visit SBAM's website for the latest guidelines, FAQs and the application. 2. Read the final guidance from the SBA. 3. Call

By |2020-04-05T18:26:20-04:00April 5th, 2020|Small Business Association of Michigan|

Small Business Association Of Michigan COVID-19 Financial Resources List

LANSING - Please click here to review the application details and requirements for the SBA Disaster Recovery Loans. As a reminder, there are credit requirements: a credit history acceptable to SBA and applicants must show the ability to repay the loan. Businesses Can Get Cash Now To Weather COVID19 Pandemic Businesses that need cash now

By |2020-03-22T13:15:38-04:00March 21st, 2020|Featured, Small Business Association of Michigan|

Michigan A Top 10 State For Corporate Expansion; Not K-12 Performance

LANSING - Michigan is already a top ten state when it comes to "corporate facility expansion activity," according to Ron Starner, executive vice president of Site Selection magazine. Michigan ranked ninth in 2018, and it will be in the top ten again for 2019, he's just not sure where because numbers are still being compiled.

By |2020-02-13T16:19:33-05:00February 13th, 2020|Featured, Small Business Association of Michigan|

Toll Road Study Bill Passes Michigan Senate With Other Transportation Bills

LANSING - The Michigan Department of Transportation would need to work with an outside consulting firm to study the possibility of bringing toll roads to Michigan under legislation that passed the Senate Jan. 28 as part of a seven-bill transportation package. Sen. John Bizon's (R-Battle Creek) SB 517 would require the study include revenue projections,

By |2020-02-05T10:41:57-05:00February 4th, 2020|Featured, Small Business Association of Michigan|

Michigan Legislative Bills Would Ban Vitamin E Acetate From Vaping Products

LANSING - Vitamin E acetate would be banned from vaping products for marijuana, medical marijuana, and nicotine under a three-bill package pending before the Michigan House Judiciary Committee. HB 5159, HB 5160 and HB 5161 by Rep. Abdullah Hammoud (D-Dearborn), Rep. Frank Liberati (D-Allen Park) and Rep. Joseph Bellino (R-Monroe) would ban the chemical, but

Michigan Expecting $140 In Cannabis Sales Per Person By 2021

LANSING - With only a 10 percent excise tax on the sale of recreational marijuana, Michigan state officials are expecting a fairly substantial windfall in the next two years as the market, literally, lights up to the tune of $140 worth of product for every man, woman and child by the end of 2021. "It's

Economist Bullish On Michigan In 2020

LANSING - A Federal Reserve economist Thursday said he expects 2020 to be more positive for the state's economy than 2019. "One thing to keep in mind is that in most of the years since the recession, Michigan has outperformed its trend on this basis than the U.S.," said Martin Lavelle, business economist with the

Biz Gets Break After $3.2 Billion Unemployment Debt Paid Off Early

LANSING - The state's Unemployment Insurance Agency (UIA) announced it has paid off a $3.2 billion debt to the feds, meaning a break for Michigan businesses that no longer have to pay the obligation assessment as part of their unemployment taxes. Gov. Gretchen Whitmer's office said this means $55 million will now stay with businesses,

Gambling Package Could Mean $100 Million More For Schools

LANSING - If everything goes as hoped, Michigan casinos will be able to start offering sports betting and Internet gaming by the men's college basketball tournament in March, according to Rep. Brandt Iden (R-Oshtemo Twp.). The shepherd for the gaming expansion package in the House, Iden said he's hopeful the Gaming Control Board will be

By |2020-01-01T13:44:15-05:00December 21st, 2019|Politics, Politics/Government, Small Business Association of Michigan|