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.
Joe Raedle/Getty Images

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

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.
Kameleon007 via Getty Images

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.
Ethan Miller/Getty Images

Who got those PPP loans? The government doesn't want to tell.

Jun 15, 2020
The Trump administration says the relevant part is that the COVID-19 relief loans complied with the law — not who actually got them.
Treasury Secretary Steven Mnuchin speaks at a Senate Small Business and Entrepreneurship Committee hearing.
Al Drago Pool/Getty Images

Farmgirl Flowers CEO on how the PPP “failed” businesses like hers

Apr 27, 2020
The direct-to-consumer flower company founder said the Paycheck Protection Program failed the small companies it was meant to protect.
Farmgirl Flowers CEO Christina Stembel at one of the company's California distribution centers.
Courtesy of Farmgirl Flowers

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Small businesses uncertain about emergency loan applications

Apr 15, 2020
The Small Business Administration says over 1.3 million loan applications have been approved as of Wednesday. But many businesses whose loans have been approved haven’t yet seen any of the money.
Small businesses are still waiting on money from the Paycheck Protection Program.
Victor J. Blue/Getty Images

I can't afford rent for my small business because of COVID-19. What can I do?

Apr 1, 2020
Check your lease, call your landlord, and get ready to apply to the new federal Paycheck Protection Program.
Many restaurants and businesses are grappling with whether and how to pay rent.
Al Bello/Getty Images

How veterans are faring in the tight labor market

Sep 5, 2019
One out of every 10 businesses in the U.S. is owned by veterans, and most of those are small businesses. But, like the rest of American workers, low unemployment is changing how they are entering the workforce.
Veterans attend the first Los Angeles International Airport (LAX) Job Fair for Veterans in Los Angeles, California on September 14, 2016.
read FREDERIC J. BROWN/AFP/Getty Images