For the smallest businesses, an exclusive chance to line up for PPP loans

Mar 9, 2021
Companies with fewer than 20 employees have had an exclusive two-week PPP loan application window.
The Small Business Association's two-week application window for the smallest small businesses ends tonight.
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Businesses aren't flocking to this round of PPP loans

Feb 2, 2021
Three-quarters of the money Washington set aside hasn't been touched. Some point to new restrictions on which businesses qualify.
Despite the need for relief, businesses are finding it difficult to meet the eligibility requirements.
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New PPP changes aim to serve businesses owned by marginalized communities

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.
Applications have to go through community banking organizations — no big banks, for now, at least.
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Next round of PPP loans starts Monday

Loan money can be used to cover more expenses this time around — not just payroll, but also to buy supplies.
Larger companies initially took advantage of the Paycheck Protection Program, which was intended to offer forgivable loans to smaller businesses.
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Biden picks Rhode Island governor, Boston mayor for cabinet positions

President-elect Biden also nominated Isabel Guzman as head of the Small Business Administration.
Gina Raimondo and Marty Walsh, both Democrats, are the commerce secretary and labor secretary picks, respectively.
Paul Morigi/Getty Images for Fortune/Time Inc and Jessica Kourkounis/Getty Images

Expanded unemployment benefits help small businesses, too

Jul 27, 2020
They have been a lifeline for laid-off workers. They also boost demand and enable businesses to focus on staying afloat.
A hostess at a Miami restaurant waits for customers behind a partition. The expanded unemployment benefits helped small businesses make decisions early in the pandemic.
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Lifeguards, veterinary assistants and architects: a look at some of the jobs protected by PPP loans

Jul 13, 2020
About 75% of small businesses sought Paycheck Protection Program loans and about 72% of them got PPP loans, according to the Census Bureau.
Seattle Veterinary Associates is among the millions of businesses that have received loans through the federal Paycheck Protection Program.
Courtesy of Seattle Veterinary Associates

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Who got PPP loans? Trump administration releases the data.

It's clear the loans went to some enterprises that are once again prompting questions about who really needed the government aid.
Larger companies initially took advantage of the Paycheck Protection Program, which was intended to offer forgivable loans to smaller businesses.
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PPP loans deadline passes, but not before Senate approves extension

Congress and the Trump administration have not yet agreed on a plan for distributing the unused $130 billion remaining in the program.
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Why some business owners are applying for PPP loans at the last minute

Jun 29, 2020
The deadline for Paycheck Protection Program loan approvals is Tuesday. Some haven't been clear about their eligibility. Others have been trying since the beginning.
A woman makes a purchase at a Nevada coffee shop. Some small business owners are applying for PPP loans now because they weren't sure whether they were eligible before.
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