Stories Tagged as
PPP
What happens if some relief funds are not spent?
Feb 5, 2021
Leftover PPP money is in an account. But other expenses, like unemployment, are paid only as needed.
New PPP changes aim to serve businesses owned by marginalized communities
by
Justin Ho
Jan 12, 2021
A Black-owned bank CEO in South Carolina says the new PPP applicants he's seen are businesses owned by women and people of color.
New Paycheck Protection Program will have more restrictions than the first
by
Justin Ho
Jan 6, 2021
This new round of PPP will only be available to companies with fewer than 300 employees.
Businesses face new restrictions with no aid in sight
by
Justin Ho
Nov 24, 2020
During the first round of lockdowns earlier this year, small businesses could fall back on federal relief. Not this time.
Paycheck Protection Program loan recipients face a new challenge: Taxes
by
Justin Ho
Nov 17, 2020
As the year draws to a close, small business owners are starting to figure out their tax liabilities for 2020. That's complicated for businesses that got Paycheck Protection Program loans.
Paycheck Protection Program loans have been a lifeline — for some businesses
by
Justin Ho
Nov 11, 2020
Two PPP recipients discuss their relief loans and the challenges of staying open through the pandemic.
As Feds go after PPP fraud, businesses apply for loan forgiveness
by
Justin Ho
Sep 23, 2020
Getting that debt pardoned is a rigorous process right now. Some want to simply excuse loans under $150,000.
For public good, not for profit.
One reason why Black-owned businesses have fared worse in the pandemic: weaker banking relationships
Aug 4, 2020
That leaves them restricted access to capital, according to a study by the New York Fed.
Republicans have rolled out a COVID-19 relief bill. Here's what it includes.
Jul 28, 2020
One major difference from the Democrats' bill is a sharp decrease in the amount of money for pandemic unemployment assistance.
Expanded unemployment benefits help small businesses, too
by
Justin Ho
Jul 27, 2020
They have been a lifeline for laid-off workers. They also boost demand and enable businesses to focus on staying afloat.