The coronavirus has brought unprecedented challenges to small businesses. The CARES Act was signed into law on March 27, 2020, offering $376 billion in relief for workers and small businesses. Learn more about how to apply for stimulus grant and loan funds to support your business. Small ...
“We had just applied for a patent and begun the deployment of this ‘bank in a box’ program, where small businesses could access physical bank services with their phones, when this crisis struck and closed our branch,” she said. “We were able to quickly deploy another sit...
The Small Business Administration has run out of money for its disaster assistance loans, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton.
Tax relief for small business owners.(money talk)Margolis, Stuart WEnverso, Brian L
NEW YORK (AP) — The Small Business Administration has run out of money for the disaster assistance loans it offers small businesses, homeowners and renters, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricane...
Reps. Dean Phillips, D-Minn., Earl Blumenauer, D-Ore., and Brian Fitzpatrick, R-Pa., led the push for small business relief last month. They said in a letter Congress should provide cash for the industries that might be the most impacted by omicron through the Resta...
Small business owners are nervous that funds in the $349 billion Paycheck Protection Program will run out before they can get a loan for coronavirus relief.
Many small businesses are applying for the next round of financial help from the government to stay afloat, and waiting to find out if they have to pay back the previous COVID-19 relief loan. State Alabama revenue department issues guidance for tax relief measures Updated: Dec. 21, 2020 ...
The drive to help smaller cities in particular seems to have critical mass, despite growing qualms about the enormous spending and deficit numbers that are being created by the coronavirus relief effort. “What has been a serious gap since Day 1 is the funding for state and local governments,...
It explores how Black business owners made sense of the Paycheck Protection Program, and how they came to regard it as an untrustworthy source of economic relief or even a dangerous trap. Less than half of the small business owners we interviewed applied for PPP, and those who did, did so...