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GOING IT ALONE: Katie Murano, a sole proprietor with a wedding photography business, has lost all of her 2020 jobs because of the COVID-19 pandemic. She has struggled to qualify for relief programs because of the structure of her business. / PBN PHOTO/MICHAEL SALERNO

Getting aid a struggle for many sole proprietors

A sole proprietorship seemed like the best option when Katie Murano started her wedding photography business in January. Having previously owned an event-planning business as...
MAPPING IT OUT: From left, Ricky Bernard, co-owner of Island House Restaurant; Providence Revolving Fund Executive Director Carrie Zaslow; and Project Manager Thomas D’Ovidio go over a map outside of Bernard’s establishment.  / PBN PHOTO/RUPERT WHITELEY

Providence Revolving Fund provides a financial key to reopening businesse

PBN INNOVATIVE COMPANIES 2020 FINANCIAL Providence Revolving Fund Evelyn Guillen couldn’t get either the U.S. Small Business Administration Paycheck Protection Program or Economic Injury Disaster...
THE SBA has approved $22.6 million in low-interest loans for Rhode Island applicants as of April 19.

R.I. businesses approved for $22.6M in economic injury loans

PROVIDENCE - Rhode Island small businesses and nonprofits have been approved for 142 loans totaling $22.6 million for economic losses associated with COVID-19 as...
ON THE DAY the PPP program was depleted, the National Federation of Independent Business found that 80% of surveyed members were still awaiting funding with many uncertain of where they were in the application process./ AP FILE PHOTO/PAUL SANCYA

NFIB: On day PPP was depleted, 80% of small businesses were...

PROVIDENCE – A new survey from the National Federation of Independent Business found that as of April 17 nearly 80% of small-business owners that...
THE SBA has approved $22.6 million in low-interest loans for Rhode Island applicants as of April 19.

SBA approves $4.7M in Economic Injury Disaster Loans for R.I. applicants

PROVIDENCE – Ninety-two Rhode Island small businesses and nonprofits have qualified for a combined $4.7 million loans through the Small Business Administration’s Economic injury...
MARK HAYWARD, director of the Rhode Island district office of the U.S. Small Business Administration, was one of six panelists who participated in PBN's summit on coronvirus stimulus programs on Thursday.

PBN Summit: Experts grapple with uncertainty in coronavirus relief programs

How to get federal financial aid, how to spend the money properly and how to mop up after the money is gone or the...
THE U.S. CHAMBER OF COMMERCE has called on federal leaders to expand funding to business lending programs relate to COVID-19. / AP FILE PHOTO/SUSAN WALSH

U.S. Chamber of Commerce calls for more funding for COVID-19 lending...

PROVIDENCE – U.S. Chamber of Commerce President Suzanne P. Clark sent a letter to the leaders of Congress April 10 calling for increased funding...
David Fontes

Insight into emergency stimulus programs

The federal stimulus package known as the CARES (Coronavirus Aid, Relief and Economic Security) Act includes a number of financial relief programs for businesses...
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