News (2422)
Economic Injury Loans Lower PPP Forgiveness
Small businesses that received an Economic Injury Disaster loan may receive less forgiveness for their Paycheck Protection loans, reports CNBC.
Entrepreneurs who received up to $10,000 in federal grants and took a forgivable Paycheck Protection Program loan as well are in for a surprise: They won’t be getting the full loan forgiveness they had hoped for.
Read more...Options for Loans Other Than PPP
There are loan options for businesses unable to get a Payroll Protection Loan, reports Entrepreneur.
Beyond the Paycheck Protection Program and the Small Business Administration, businesses need money. But what if you can’t get a PPP loan?
Read more...Business Association Wants Loan Details
According to NBC Palmsprings, the American Small Business League is suing to find out how the Payment Protection Program funds were distributed.
Concerns have been raised on whether funds for the Payment Protection Program (PPP) aimed to help small businesses have been distributed fairly. And now a local small business advocate is suing The Trump Administration for fraud.
Read more...Small Business Supports Cares Act
Many small businesses support extending the Cares Act payment of $600 to unemployed workers, reports the Guardian.
About 30 million unemployed Americans are now on tenterhooks waiting to see if the $600-a-week federal unemployment benefit created by the Cares Act will be renewed.
Read more...Small Business Relies on US Mail
Small businesses are feeling the effects of the US Postal Service slowdown, reports Fox 8.
If you’ve been receiving less mail or late packages, you’re not alone. The U.S. Postal Service is experiencing delays all over the country.
Read more...Paycheck Loan Program Officially Ended
According to Barron’s the U.S. Government’s small business assistance program, Paycheck Protection Program, has officially ended.
The U.S. government’s Paycheck Protection Program, which provided loans to help small businesses struggling during the Covid-19 recession, is about to end.
Read more...PPP Funds Subject to Fraud
Watchdog group finds that many abused teh Paycheck Protection Program, reports Fox 6.
A report from the Office of Inspector General of the U.S. Small Business Administration published on Tuesday details complaints of thousands of instances involving suspected fraud from financial institutions apparently receiving economic assistance from the Coronavirus Preparedness and Response Supplemental Appropriations Act and the Paycheck Protection Program and Health Care Enhancement Act.
Read more...Smaller Firms Found it Hard to Get Funds
According to WAMU, D.C. small businesses struggled to get PPP funding, while larger businesses received funding.
After Mayor Muriel Bowser ordered D.C. restaurants to close in mid-March to mitigate COVID-19, Pop’s SeaBar in Adams Morgan saw an initial 70% drop in revenue, says Dustin Beruta, the seafood restaurant’s general manager.
Read more...Company Offering Small Business Relief
Home improvement company Lowes is offering small businesses grants, reports ABC 13.
Small businesses struggling during the COVID-19 pandemic may be able to get some help soon.
Read more...Keeping Your Business Steady
According to Entrepreneur, there are a few things small businesses can do to help them remain to keep their business steady.
The COVID-19 pandemic has completely upended our normal way of doing business.
Read more...
Most Read
-
-
Feb 08 2012
-
Written by SBN Editors
If you own a business, you should get fleet vehicles.…
-
-
-
Sep 08 2011
-
Written by Editor
ADP®, a leading provider of human resource outsourcing, payroll services,…
-
-
-
Jun 18 2013
-
Written by News
NETGEAR®, Inc. has shipped the NETGEARProSAFE(TM) Single-Band Wireless-N Access Point…
-
-
-
Nov 14 2012
-
Written by SBN Editors
Today we are going to focus on a few of…
-