The IQ PACTE program is one of the ways that TD is supporting businesses in Quebec. The program offers eligible Quebec businesses , which had been impacted by COVID-19, a guarantee to support their credit request in order to assist with covering their operating expenses. ...
WASHINGTON, April 28 (Xinhua) -- As small businesses hit by the COVID-19 outbreak scramble to apply for loans under a U.S. government program, a few not-so-small companies have already secured millions of dollars of aid, provoking strong backlash and raising questions about the relief packa...
As per the US government policy, the Covid19 EIDL is abusiness loanprogram given by SBA. It provides support to small businesses by borrowing friendly capital. This Covid Injury Disaster Loan (EIDL) program has been designed by the federal government to serve/ support small businesses. The EI...
About 1.6 million applications for the loans may have been approved without being evaluated, according to the AP. The AP cited U.S. senators saying that Washington failed to take basic steps at the start of the COVID-19 pandemic to prevent fraud in the aid program.■...
Mayor Joseph A. Curtatone today announced that $1 million in Somerville Small Business COVID-19 Relief funds will be awarded to 123 local, small businesses impacted by the COVID-19 pandemic. Funded by federal Community Development Block Grant monies, the Fund will issue forgivable loans to busin...
As a result of COVID-19, small businesses and private not-for-profits suffering economic injury in New York, New Jersey, and Pennsylvania are now being offered low-interest disaster loans for working capital through the US Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL)...
The Lakers have returned that money after learning that the pool of federal lending assistance from the Small Business Administration's Paycheck Protection Program's initial allotment of $350 billion had been drained of cash because of the huge demand for it, according to the franchise. ...
The Paycheck Protection Program was a federal program that paid out $790.9 billion in small business loans during the COVID-19 pandemic.
RELATED: Small business owners look to grants, loans to recover from COVID-19 pandemic The Commerce Department reported Wednesday that the economy shrank at an annual rate of nearly 5% in the first quarter, with consumer spending dropping 7.6%; the virus began spreading in the U.S. midwa...
[December 2020 update in new COVID Relief Bill] With passage of the latest stimulus bill, the Paycheck Protection Program (PPP) has been extended until mid-2021 and provides $284 billion in new funding to this program that is supposed to help small busin