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2 mins read
The US government just released the names of hundreds of thousands of small businesses that received emergency coronavirus bailouts
The move to release the business data came after pressure from Republicans in Congress, who praised…
Graham Rapier
2 mins read
As many as 14% of small businesses may lay off workers when their PPP loans run out
"Those businesses hardest hit by the crisis will likely need additional help," NFIB analysts wrote …
Carmen Reinicke
2 mins read
Meet Isabel Guzman, the SBA Administrator Biden picked to navigate 'a crossroads moment for small businesses'
The SBA position has barely made news in past administrations, but now the recovery of America's Ma…
Dominick Reuter
2 mins read
The Small Business Administration says it's loosening payroll restrictions to allow partial loan forgiveness under PPP small business aid program
The SBA now says 60% of the forgiven loan amount should go towards worker paychecks, which would en…
Joseph Zeballos-Roig
2 mins read
PRESENTING: The inside story of the businesses, banks, and bureaucracies grappling with the $670 billion attempt to rescue Main Street
BI Prime's exclusive reporting brings you actionable insights that can help you make informed decis…
Business Insider
2 mins read
Relief loans are going to areas with pre-existing bank relationships instead of most infected regions, Fed economists find
Virus hotspots including New York, Michigan, and Pennsylvania are receiving fewer PPP loan approval…
Ben Winck
1 min read
The Los Angeles Lakers' $4.6 million loan was 'outrageous,' Treasury Secretary says as the team returns money meant for small businesses
Treasury Secretary Mnuchin said on CNBC Tuesday that he's a big fan of the team, but not of it rece…
Graham Rapier
3 mins read
If you haven't already applied for federal small business relief, you're probably out of luck on this round — but you still have a few other options.
Banks have a huge backlog of PPP applications, but you can still take advantage of tax relief, and …
Jennifer Ortakales
2 mins read
The US government will do a 'full review' of any company taking a small business loan over $2 million after massive corporations took advantage of the program
Treasury Secretary Steven Mnuchin said it was "outrageous" for the Los Angeles Lakers to get $4.6 m…
Graham Rapier
1 min read
The Small Business Administration just told thousands of businesses applying for disaster loans that their personal information was mistakenly leaked
A bug in the SBA's site was mistakenly showing applicants' personal information to other applicants…
Aaron Holmes
1 min read
The 23 best sources of emergency funding for small businesses available right now if you've been denied a government loan
The US Congress passed a $2 trillion stimulus package to stabilize the American economy during the …
Dominick Reuter,Jennifer Orta…
2 mins read
Swiss Banks keen to implement automatic tax information exchange
Swiss banks are working at "full speed" to implement the automatic tax information exchange regime …
3 mins read
The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…
John Towfighi
3 mins read
Hurricane Milton slams into Florida, the latest blow to homeowners already reeling from Helene's destruction
Hurricane Milton crashed into Florida's west coast on Wednesday night, near Siesta Key in Sarasota …
Geoff Weiss,Reed Alexander
4 mins read
Pop stars got millions in pandemic aid that raised red flags for their accountants but they took the cash anyways
Top accountants for superstar musicians at NKSFB worried their clients could not legally claim COVI…
Jack Newsham
1 min read
India-US join hands to promote cooperation in MSMEs
The landmark Memorandum of Understanding (MoU) will enable the MSMEs of the two countries to partic…
ANI
2 mins read
Trump once called RFK Jr. a 'Liberal Lunatic.' Now, Kennedy will help plan his 2nd term
Donald Trump and Robert F. Kennedy Jr. once criticized each other. Now, RFK Jr. will help plan a po…
Brent D. Griffiths
4 mins read
To get $9 million in pandemic aid, Lil Wayne pledged to operate a 'drug-free workplace.' The feds believed him.
Lil Wayne and Post Malone claimed to run 'drug-free workplaces' to claim federal pandemic aid. But …
Jack Newsham
1 min read
CreditNinja, which has charged loan customers an interest rate of 447%, is complaining that their $1 million PPP loan forgiveness request was rejected
CreditNinja, a broker which has given loans with interest rates as high as 447%, believes the SBA s…
Azmi Haroun
3 mins read
The Biden administration is giving entrepreneurs a chance at loans up to $5 million to help launch and grow businesses
The Small Business Administration is making it easier for entrepreneurs to get loans to start and g…