Tag
More than two years after the program kicked off, Marketplace checked in with a few PPP recipients to see how business has been going.
Shipping costs, wait times and sourcing materials are still a big problem for business owners in South Carolina and Calif.
“Sometimes my husband jokes that I’m running a gelato non-profit, and it certainly does feel that way,” said Uli Nasibova, owner of Uli’s Gelato.
Because bigger businesses can offer more.
In the words of one business owner: “Why would I want to go into any type of expansion?”
The Biden administration, pressured to avoid new spending, may reallocate the money to pandemic health care needs.
The pandemic spurred a small-business boom, and that included many Black entrepreneurs looking for new ways to reach consumers.
Some businesses are switching products, while others try to build up and promote products that are available.
Raise prices? Order more inventory, or less? Business owners describe how they’re dealing with dramatic changes in market conditions.
The Treasury Department provided $9 billion to lenders in underserved communities, allowing them to expand and support entrepreneurs.
