Tag: Small business financing
California man charged with using COVID loans to buy Ferrari
IRVINE, Calif. — A Southern California man has pleaded not guilty to charges he obtained $5 million in federal coronavirus-relief loans for phony businesses...
Small business COVID-19 relief program runs out of money
NEW YORK — The government’s key COVID-19 relief program for small businesses has run out of money.
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Restaurant survival hopes pick up as $28.6B in grants begin
NEW YORK — Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing...
Millennial Money: Shopping small makes a big impact
I get it. It’s easy to shop on Amazon. Running low on toilet paper? Need lightbulbs? Want a bath caddy on a whim? With...
Millennial Money: Changing the face of the cannabis industry
Cannabis businesses have transformed from clandestine ventures to glossy lifestyle brands in a matter of years, thanks to an evolving regulatory and business landscape....
Senate votes to extend small biz loan program for 2 months
WASHINGTON — The Senate passed a bill 92-7 on Thursday to extend the deadline for business owners to apply for forgivable loans through the...
Corporations become unlikely financiers of racial equity
In the months since the police killing of George Floyd sparked a racial reckoning in the United States, American corporations have emerged as an...
Senate confirms Isabel Guzman to lead small biz agency
WASHINGTON — The Senate on Tuesday overwhelmingly approved President Joe Biden's pick to oversee the Small Business Administration, an agency that has seen its...
Millennial Money: 3 ways COVID-19 reshuffled our finances
The U.S. economy ground to a halt in March 2020 as state after state issued lockdown orders and shut down businesses to blunt the...
Biden visits businesses to highlight changes to loan program
WASHINGTON — President Joe Biden visited a hardware store in the nation’s capital Tuesday to highlight changes he made to the Paycheck Protection Program...