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“Without a robust small business economy, we can’t envision any kind of meaningful recovery,” one expert says.
The owner of one fine-dining restaurant in California opened a new eatery during the pandemic as a takeout operation.
The owners, who employ many Asian immigrant workers, face mounting costs and fewer customers as they try to keep their doors open.
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.
The number of available company names that hasn’t been trademarked is getting smaller and smaller.
The federal relief loans can be forgiven if businesses spend 75% on payroll within eight weeks. For some businesses, that’s a problem.
Business advocates say that’s a sign smaller businesses are finally getting the loans they applied for.
Most businesses, especially small ones, don’t have a disaster plan for a global pandemic.
The loans, designed to help businesses hurt by COVID-19, come with requirements that some don’t want to take on.
Each business owner has to decide whether to open, and how to do it safely, with the COVID-19 pandemic.
