small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Source: en.wikipedia.org

Banks Warn Replenished PPP Loan Funds May Already Be Spoken For

Banks Warn Replenished PPP Loan Funds May Already Be Spoken For
Banks Warn Replenished PPP Loan Funds May Already Be Spoken For
April 24, 2020  |  Loans

Banks are sounding the alarm that the upcoming funding round for the federal Paycheck Protection Program (PPP) is likely already tapped. Get the Full Story...

READ MORE >
Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

READ MORE >
SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
April 23, 2020  |  Loans

Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during...

READ MORE >
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

READ MORE >
Ex-Starbucks CEO Howard Schultz: Small Restaurants Need More Than PPP Loans
Ex-Starbucks CEO Howard Schultz: Small Restaurants Need More Than PPP Loans
April 22, 2020  |  Economy

According to ex-Starbucks CEO Howard Schultz, a $1 trillion ‘bridge to a vaccine’ may be the only way to save small businesses from going under....

READ MORE >
Small Businesses Question Handling Of US Stimulus Loans
Small Businesses Question Handling Of US Stimulus Loans
April 20, 2020  |  Loans

As Congress was poised on Monday (April 20) to replenish funds for its small business loan program, complaints persist about how previous funds were doled...

READ MORE >
Mnuchin: Deal On New PPP Funding Near
Mnuchin: Deal On New PPP Funding Near
April 19, 2020  |  Economy

Treasury Secretary Steven Mnuchin, along with Democratic leaders, said they are close to closing a deal that would lend more money to small businesses struggling...

READ MORE >
Navigating COVID-19 IV: Paycheck-to-Paycheck Life Gets More Dire By The Day
Navigating COVID-19 IV: Paycheck-to-Paycheck Life Gets More Dire By The Day
April 14, 2020  |  Economy

Within a month of the announcement that COVID-19 was an official pandemic, the global economy – and America’s in particular – were already on the...

READ MORE >