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Small businesses

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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COVID-19

The small business loans program is basically out of cash. What's next?

by David Brancaccio , Amy Scott and Alex Schroeder
Apr 16, 2020
There's concern that the hardest hit businesses aren't getting enough help.
There's bipartisan agreement over the fact that there should be more money available, but members of Congress are at odds on how to get it done.
Johannes Eisele/AFP via Getty Images
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COVID-19

The small business loan rollout wasn't so smooth

by Justin Ho
Apr 6, 2020
The Small Business Administration is guaranteeing paycheck protection loans. But applying for one of them hasn't been so simple.
"I'm just inclined to feel like a week wasn't enough to organize, you know, a $350 billion small loan program," one business owner said.
Spencer Platt/Getty Images
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COVID-19

Here’s what we know about the government’s small business loan program (so far)

by Janet Nguyen
Apr 3, 2020
About $349 billion, in the form of loans, has been set aside for small businesses.
andresr/Getty Images
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COVID-19

Why small business loans for COVID-19 relief may be delayed

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Apr 3, 2020
The federal government's guidelines for banks only went out Thursday night — hours before the program was supposed to start.
Can banks really start writing emergency loans to small businesses today as expected?
Christian Petersen/Getty Images
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Check Your Balance ™️

I can't afford rent for my small business because of COVID-19. What can I do?

by Samantha Fields
Apr 1, 2020
Check your lease, call your landlord, and get ready to apply to the new federal Paycheck Protection Program.
Many restaurants and businesses are grappling with whether and how to pay rent.
Al Bello/Getty Images
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