News (2413)
Minorities Last to Receive PPP
Data from the Paycheck Protection Program businesses owned by minorities were some of the last loans funded, reports Associated Press.
Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program.
Read more...Small Businesses Get Tests
Texas small businesses will soon have rapid Covid tests that they can administer to their employees, reports Click 2 Houston.
With new cases of the coronavirus and hospitalizations spiking in Texas as winter approaches, Gov. Greg Abbott on Monday launched a program to provide small businesses with rapid tests for their employees.
Read more...Additional Paycheck Protection Funds May Come
According to CNBC, the new Covid relief plan includes additional Paycheck Protection Program funds for small businesses.
Small business owners with battered finances might be in line for additional funding from the Paycheck Protection Program.
Read more...New Retirement Plan Option
According to Small Business Trends, Paychex will offer a new retirement plan program, the Pooled Employer Plan.
In response to the SECURE Act’s provisions, Paychex, Inc. will be among the first retirement plan providers to introduce a Pooled Employer Plan (PEP) to help U.S. small businesses offer a cost-effective retirement plan option for their eligible employees.
Read more...New Mexico Businesses Get Boost
Small businesses in New Mexico can apply for covid relief grants from the state, reports KOB 4.
Starting next week, small business owners in New Mexico can apply for a grant from the $100 million that state lawmakers set aside during the special session.
Read more...SF Area Business Fear New Shut Down Means End for Them
San Francisco Bay area businesses worry about surviving another shut down order, reports SF Gate.
Many Bay Area small businesses barely survived the first shutdown in March, only to go under during the summer when California's watch list system imposed another round of mandated closures.
Read more...PPP Loan Program Abused
According to NBC News, data from the Small Business Administration shows PPP loans were given to questionable recipients.
Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small businesses, an initial analysis by NBC News shows.
Read more...Keeping Business Going During Pandemic
Small businesses can take steps to keep their businesses going during the pandemic, reports Fobes.
While the pandemic continues to take its grim toll throughout the United States, there has been recent good news of late regarding vaccines and therapeutics. However, let’s get real, this tough business climate is not going away soon.
Read more...Small Business Saturday Hopes
According to WKOW, small businesses pin their hopes on a successful Small Business Saturday.
For many Madison-area businesses, this year's Small Business Saturday was more important than ever. "It has been a tough year, so it is very important that we have the opportunity today to invite in the neighborhood, the community to share with them what we're doing," Ann Culligan at Infusion Chocolates on Monroe Street said.
Read more...Small Business Could Get Big Bill
Many small businesses could face a tax bill for the Payroll Protection Loan money they received during the pandemic, reports NNY 360
A recent IRS ruling tying up a loose end in the 2020 economic-relief law could force many small businesses to pay taxes on government aid meant to help through the pandemic.
Read more...Most Read
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Feb 08 2012
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Written by SBN Editors
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Sep 08 2011
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Written by Editor
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Jun 18 2013
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Written by News
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Nov 14 2012
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Written by SBN Editors
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