Michigan Golf Club Pays $440K Settlement for Alleged Fraudulent Pandemic Loan August 28, 2024 RICHLAND, Mich. (AP) — A golf club in southwestern Michigan has agreed to pay $440,000 to settle allegations that it...
Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic February 4, 2021 By Jonnelle Marte The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic,...
Here’s What’s New in U.S. Small Business Pandemic Paycheck Protection Program January 11, 2021 The Small Business Administration launches on Monday more Paycheck Protection Program loans to help small businesses weather the coronavirus pandemic....
Bipartisan COVID-19 Plan Helps Businesses, Unemployed; Splits State Aid, Liability Shield December 15, 2020 By Laura Litvan and Erik Wasson A bipartisan group of lawmakers released proposed Covid-19 relief legislation that may provide momentum for breaking a months-long impasse, by...
After Helping Shepherd Pandemic Loans, Banks Now Brace for Regulatory Risks October 21, 2020 By Lawrence Delevingne, Michelle Price and Koh Gui Qing Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with...
Without More Aid, Many Small Businesses Won’t Make It July 30, 2020 By Ann Saphir and Jonnelle Marte OAKLAND, Calif./NEW YORK — After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business,...
Concern Over Small Businesses Grows as Coronavirus Resurges, Federal Aid Expires July 27, 2020 By Howard Schneider The number of outright failures of U.S. small businesses in the first months of the coronavirus pandemic was comparatively modest,...