Stories Tagged as
PPP loans
New PPP plan aims to level playing field for smallest businesses
Feb 24, 2021
Smaller businesses owned by women and people of color often lack the banking relationships that larger companies have.
Some businesses that could use the help aren't eligible for new PPP loans
by
Justin Ho
Feb 23, 2021
Businesses can only apply for the latest round of loans if their revenue fell 25% or more.
Businesses aren't flocking to this round of PPP loans
by
Justin Ho
Feb 2, 2021
Three-quarters of the money Washington set aside hasn't been touched. Some point to new restrictions on which businesses qualify.
Lenders start processing the second round of PPP loans
by
Justin Ho
Jan 25, 2021
Bankers say the process is running a lot more smoothly this time, in part because they have a better sense of what to expect.
Bodegas are a lifeline in NYC ... and many are in trouble
Jan 12, 2021
These small convenience stores are often focal points for neighborhoods, and not only for the food and other supplies they sell.
New PPP changes aim to serve businesses owned by marginalized communities
by
Justin Ho
Jan 12, 2021
A Black-owned bank CEO in South Carolina says the new PPP applicants he's seen are businesses owned by women and people of color.
Next round of PPP loans starts Monday
Jan 11, 2021
Loan money can be used to cover more expenses this time around — not just payroll, but also to buy supplies.
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New Paycheck Protection Program will have more restrictions than the first
by
Justin Ho
Jan 6, 2021
This new round of PPP will only be available to companies with fewer than 300 employees.
Small business owners eye a second Paycheck Protection Program loan
by
Justin Ho
Dec 23, 2020
Some previous applicants say they're weighing past experiences, as they decide whether to apply again.
Paycheck Protection Program loan recipients face a new challenge: Taxes
by
Justin Ho
Nov 17, 2020
As the year draws to a close, small business owners are starting to figure out their tax liabilities for 2020. That's complicated for businesses that got Paycheck Protection Program loans.