Tuesday, January 25, 2022

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Joyce M. Rosenberg

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FUNDING FOR the SBA's $349 billion Paycheck Protection Program has been depleted after it approved nearly 1.7 million loans. / AP FILE PHOTO/CARLOS OSORIO

Business owners left out as lending program goes on hold

NEW YORK (AP) – The government’s lending program for small businesses is tapped out, leaving business owners who still need loans waiting for Congress...
THOUSANDS OF U.S. small businesses are entering their second week of waiting for federal loans related to the COVID-19 pandemic. / AP FILE PHOTO/STEVEN SENNE

‘Absolute chaos’ as businesses try to tap into rescue funds

NEW YORK (AP) – Desperate small-business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without...
THE SBA's Paycheck Protection Program launched Friday, but some are having trouble gaining access to loans right away. Funds for the program are expected to be depleted quickly. Above, Jovita Carranza, administrator of the Small Business Administration. / AP FILE PHOTO/ALEX BRANDON

Small-biz rescue off to slow start in R.I., elsewhere; some banks...

NEW YORK (AP) – The federal government's relief program for small businesses is off to a slow start Friday, with only some businesses locally and...

Urgent question from small businesses: When will aid arrive?

NEW YORK (AP) – When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak....
SALES OF U.S small businesses cooled in the third quarter of 2019, according to BizBuySell.com. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Market for small businesses cools further, report says

NEW YORK (AP) – The market for small businesses cooled further during the third quarter as fallout from trade wars made companies look less...

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