Justice Dept. Announces Dozens of Fraud Charges in Small-Business Aid Program

COVID-19 News

Justice Dept. Announces Dozens of Fraud Charges in Small-Business Aid Program

WASHINGTON — The Justice Department on Thursday said it had charged 57 people with trying to steal more than $175 million from the Paycheck Protection Program of emergency loans to…

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Coronavirus Arizona

American Dreams Disrupted: Small-business owners fighting to survive

A global pandemic. An economic crisis. The resilience of millions. Source link

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Coronavirus Minnesota

Mpls. small-business owners pick up pieces after night of destruction

Shattered glass, broken golf clubs and trash littered East Lake Street on Thursday morning after the destructive standoff between protesters and police following the killing of George Floyd, with some…

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Coronavirus New Mexico

American Dreams Disrupted: Small-business owners fighting to survive

A global pandemic. An economic crisis. The resilience of millions. Source link

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Coronavirus Virginia

Congress shifts attention to overhauling small-business aid

WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small-business aid in hopes of helping employers reopen…

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Coronavirus Minnesota

Mnuchin to face grilling about small-business lending effort

WASHINGTON — Treasury Secretary Steven Mnuchin will likely come under tough questioning from senators Tuesday about a small business lending program included in the government’s $2 trillion relief package. Lawmakers…

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Coronavirus West Virginia

Hundreds of publicly traded companies got more than $1 billion from PPP small-business fund

WASHINGTON – Nearly 400 publicly traded companies received almost $1.3 billion in federal forgivable loans meant for small businesses desperately trying to survive the coronavirus crisis, an independent analysis of financial record filings found.…

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COVID-19 News

House coronavirus oversight panel demands large companies repay small-business loans

Republicans quickly indicated they opposed the move and expressed concern it would have a chilling effect on struggling companies. “This action by Democrats represents dangerous government intimidation that could cause…

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Coronavirus Minnesota

Small-business owners question Minneapolis aid that’s based on location

After the pandemic forced her to stop offering ceramics classes, Jennie Tang decided to apply for an emergency forgivable loan offered by the city of Minneapolis. It wasn’t until after…

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Coronavirus Maryland

Decline in unemployment claims provides ‘very little solace’ for Md.’s small-business owners

@BryanRenbaum The number of new unemployment claims filed in Maryland dropped each week in April but the downward trend is of little comfort to the state’s small-business owners as the…

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Smallbusiness