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Stories Tagged as

Small businesses

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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Good luck finding a name for your new company

by Sam Harnett
May 25, 2020
The number of available company names that hasn't been trademarked is getting smaller and smaller.
Companies are having to get more and more creative to come up with a name that isn't already taken.
Pixabay
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COVID-19

Eight weeks in, businesses face hard choices over PPP loans

by Justin Ho
May 22, 2020
The federal relief loans can be forgiven if businesses spend 75% on payroll within eight weeks. For some businesses, that's a problem.
A bar in New York sells cocktails to go in March. Small businesses are still struggling eight weeks after the CARES Act became law.
Victor J. Blue/Getty Images
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COVID-19

SBA says PPP loans are getting smaller in the second round of lending

by Justin Ho
May 20, 2020
Business advocates say that's a sign smaller businesses are finally getting the loans they applied for.
The SBA's changes for the latest round of lending appear to be helping smaller businesses.
Olivier Douliery/AFP via Getty Images
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COVID-19

How long should companies give hazard pay?

by Kristin Schwab
May 5, 2020
Most businesses, especially small ones, don’t have a disaster plan for a global pandemic.
A worker stocks items in a California grocery store in March.
Mario Tama/Getty Images
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COVID-19

For some small businesses, paycheck protection loans aren't the answer

by Justin Ho
Apr 29, 2020
The loans, designed to help businesses hurt by COVID-19, come with requirements that some don't want to take on.
Some eateries decided they couldn't hire back all of their employees.
Spencer Platt/Getty Images
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COVID-19

Georgia businesses weigh options as governor allows some to reopen

by Emma Hurt
Apr 27, 2020
Each business owner has to decide whether to open, and how to do it safely, with the COVID-19 pandemic.
Toni Williams-Tazel, owner of All About Hair in Atlanta, has decided it’s not safe to reopen her salon despite the green light from the state government.
Courtesy Toni Williams-Tazel
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COVID-19

What’s included in the new $484 billion COVID-19 relief package

by Janet Nguyen
Apr 23, 2020
More than $300 billion will go toward small businesses in the form of loans.
U.S. Speaker of the House Nancy Pelosi returns to her office after the start of the vote on the latest stimulus package.
Win McNamee/Getty Images
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COVID-19

Breaking down the new COVID-19 relief bill

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Apr 22, 2020
The nearly half-a-trillion dollar bill would replenish the program to help small businesses.
$310 billion goes toward loans for small businesses, the Paycheck Protection Program.
Saul Loeb/AFP via Getty Images
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COVID-19

Why did restaurant chains like Shake Shack get small business aid?

by Janet Nguyen
Apr 20, 2020
The chain restaurant Shake Shack received $10 million in small business loans, which it’s now returning.
A view of Shake Shack's Madison Square Park location.
Andrew Burton/Getty Images
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