The Trump administration revised guidelines for forgiving federally backed loans to help small businesses survive the pandemic. But the guidance fails to clarify which businesses are eligible for the assistance.
The new rules, released by the Treasury Department and Small Business Administration late Friday, warned businesses and lenders that it may review
Paycheck Protection Program loans “of any size at any time in SBA’s discretion,” signaling an intention to closely monitor how businesses spend funds from...
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
McConnell calls on Barr to investigate Planned Parenthood loansMitch McConnell and other Republicans are demanding that William Barr investigate Planned Parenthood centers that got emergency small business loans under a government program intended to avert layoffs
Lire la suite »
Small Businesses Owned By Women And Minorities Are Struggling To Get Coronavirus LoansThe Small Business Administration was supposed to give guidance to lenders to prioritize underserved small businesses, but the agency’s inspector general found it did not.
Lire la suite »
Why This PPP Loan Data Might Actually Be Good News For Small BusinessThe Paycheck Protection Program or PPP is finally getting loans to the small businesses and self-employed individuals who need it the most. However, it is fintech firms who are now leading the charge in helping small business during the Covid-19 crisis.
Lire la suite »
PPP Delayed the Day of Reckoning for Small Business. Now, Time Is Almost Up.The small-business rescue gave firms 8 weeks of emergency funding. With that time almost up, businesses need to prepare for tough decisions.
Lire la suite »
Kind snacks founder's advice for small business owners: 'The rules have changed'Daniel Lubetzky, founder and CEO of Kind, overcame the 2008 recession and his business grew stronger – but, he wouldn't advise any entrepreneur starting a business amid the Covid-19 pandemic to copy Kind's 'playbook' from 2008.
Lire la suite »
My Town Just Lost Its Only Coffee Shop. It’s Shattering to the Community.What the death of a small business means to the community around it.
Lire la suite »