Stories Tagged as
Small business loans
Banks are pushing more business loans. Some business owners aren’t sure they want them.
In the words of one business owner: "Why would I want to go into any type of expansion?"
PPP loan deadline extension would help banks process more applications
The latest loans have moved more slowly than the previous round, due in part to additional compliance checks to prevent fraud.
New PPP plan aims to level playing field for smallest businesses
Smaller businesses owned by women and people of color often lack the banking relationships that larger companies have.
What small business owners might expect from Biden
Biden has pledged to provide additional resources for small businesses. Business owners say the type of aid matters.
The Fed wants to lend money to more small businesses, but many aren't interested
The central bank dropped the minimum loan amount under its Main Street Lending Program to $100,000. But not many businesses feel confident taking out loans they'll have to repay in five years.
Bankers want businesses to know "there’s still money" for PPP loans
Laurie Stewart, CEO of Seattle-based Sound Community Bank, says the bank has made more than 700 loans through the program.
SBA temporarily shuts out big banks and businesses from Paycheck Protection Program
For eight hours, only smaller banks were able to process applications.
Upper Midwest, Great Plains states have fared best in SBA emergency loan program
As Congress weighs a new round of funding, data reveal that the upper Midwest and Great Plains regions benefited the most from the first round of PPP funding.
A small gelato business confronts big questions
The owner of two Los Angeles stores shares her fears and hopes about surviving the coronavirus pandemic.
The small business loans program is basically out of cash. What's next?
There's concern that the hardest hit businesses aren't getting enough help.