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Small business administration

COVID-19

Who got PPP loans? Trump administration releases the data.

by Sabri Ben-Achour , Nova Safo and Alex Schroeder
Jul 7, 2020
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
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COVID-19

PPP loans deadline passes, but not before Senate approves extension

by David Brancaccio , Nova Safo and Alex Schroeder
Jul 1, 2020
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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COVID-19

Why some business owners are applying for PPP loans at the last minute

by Justin Ho
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
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COVID-19

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

by Kristin Schwab
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
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COVID-19

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

by Kai Ryssdal and Maria Hollenhorst
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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COVID-19

Small businesses uncertain about emergency loan applications

by Justin Ho
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
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Check Your Balance ™️

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

by Samantha Fields
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
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veterans

How veterans are faring in the tight labor market

by Kimberly Adams
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
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Northern California fires leave local businesses with few options to rebuild

by Ben Bradford
Dec 17, 2018
There's limited aid available for businesses displaced by November's devastating fire in Paradise.
A burned car and a gas station remain visible after the Camp Fire tore through the region near Pulga, east of Paradise, California, on Nov. 11, 2018.
JOSH EDELSON/AFP/Getty Images
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What lies ahead for the Small Business Administration?

by Adam Allington
Feb 14, 2017
Linda McMahon, the former CEO of World Wrestling Entertainment, or WWE, and President Donald Trump’s pick for head of the Small Business Administration, will sit for her Senate confirmation hearing today. The Trump administration has pledged to be pro-small business, lightening…
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