Paycheck Protection Program - Page 12 of 17

BUSINESS RECOVERY: Attorney John A. Dorsey, an administrator for the R.I. Judiciary’s Business Recovery Plan, says participation in the program won’t hurt a business’s credit. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. court program offers struggling businesses a lifeline

Coronavirus 08/28/2020

Have there been too many state and federal support programs competing for the attention of local businesses during the pandemic? That may sound crazy in...

SENSE OF NORMALCY: John King, vice president of student life at Roger Williams University, says students hoping to return to in-person classes and on-campus living this fall are looking for some sense of normalcy, as COVID-19 has had “some real negative impact” on their mental health and feelings of connection. / PBN PHOTO/MICHAEL SALERNO

Are colleges masking trouble?

Coronavirus 08/28/2020

The universities in Rhode Island that are trying to reopen residence halls and classrooms this month are requiring everyone on campus to wear face...

Final push for PPP loans helps smallest of state businesses

Coronavirus 08/28/2020

PROVIDENCE – Nearly 90% of the Rhode Island small businesses approved for federal payroll relief loans in the final five weeks of the program...

Final push for PPP loans helps smallest of state businesses

Coronavirus 08/25/2020

PROVIDENCE – Nearly 90% of the Rhode Island small businesses approved for federal payroll relief loans in the final five weeks of the program...

OFFERING PROTECTION: Bank of America Corp. market executive Kevin Tracy and his seven-person team provided more than $160 million in loans from the U.S. Small Business Administration Paycheck Protection Program to businesses within Rhode Island during the COVID-19 pandemic.  COURTESY BANK OF AMERICA CORP.

Kevin Tracy, market executive, Bank of America Corp.

Business Services 08/20/2020

PBN 2020 Leaders & Achievers Awards Kevin Tracy | Market executive, Bank of America Corp. MANAGING THE PAYCHECK PROTECTION PROGRAM process, designed by the U.S....

SBA releases final PPP numbers, $134B still unused

Coronavirus 08/12/2020

PROVIDENCE – A five-week extension did little to grow the number of small businesses, nationally and in Rhode Island, receiving payroll relief loans under...

Most-read stories on PBN.com, July 2020

Subscriber Only 08/07/2020

1. PBN announces 2020 25 Leaders & Achievers honorees POSTED ONLINE: JULY 17 The Providence Business News announced winners of its second annual 25...

HOT SEAT: Jovita Carranza, administrator of the U.S. Small Business Administration, speaks before a House Small Business Committee hearing on oversight of the U.S. Small Business Administration and Department of Treasury pandemic programs on Capitol Hill in Washington on July 17. / POOL VIA AP FILE/KEVIN DIETSCH

Big companies went to head of line for PPP loans

Coronavirus 07/24/2020

Ever since the U.S. government launched its emergency lending program for small businesses on April 3, there have been complaints that bigger companies had...

U.S. TREASURY SECRETARY Steven Mnuchin said that the Trump Administration has dropped its current bid to cut Social Security payroll taxes as Republicans prepare to unveil a $1 trillion COVID-19 rescue package. / AP FILE PHOTO/EVAN VUCCI

White House drops payroll tax cut after GOP allies object

Coronavirus 07/23/2020

WASHINGTON (AP) – The White House reluctantly dropped its bid to cut Social Security payroll taxes Thursday as Republicans prepared to unveil a $1...

THE U.S. BUDGET deficit hit $864 billion in June. / AP FILE PHOTO/PATRICK SEMANSKY

U.S. budget deficit hits all-time high of $864 billion in June

Economic Activity 07/13/2020

WASHINGTON (AP) – The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus...

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