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REINFORCED: U.S. Navy veteran Christopher Sanford, owner of PuroClean Disaster Restoration Services LLC in Cranston, didn’t panic when the pandemic hit last year. Without much trouble, he received a Paycheck Protection Program loan that helped keep his staff employed. / PBN PHOTO/MICHAEL SALERNO

Vet-owned firms haven’t shied away from PPP loans

While small businesses across the state and the country scrambled to secure one of the popular Paycheck Protection Program loans, Christopher Sanford applied for...
THE RHODE ISLAND BUSINESS COALITION is calling for the business community to mobilize in the fight against proposed income tax legislation. / COURTESY R.I. BUSINESS COALITION

R.I. business community mobilizing against added income tax bracket, PPP tax

PROVIDENCE – The Rhode Island business community is mobilizing to urge the General Assembly to rethink proposed legislation aimed at increasing income taxes on...

McKee opposes GA bills taxing high-income earners

PROVIDENCE – Gov. Daniel J. McKee on Tuesday said he opposes legislation in the General Assembly that would raise personal income taxes on the...
PRODUCT OF THE PANDEMIC: Megan McCutcheon displays some of the items she produces for Newport Needlepoint LLC, a company she started when the state went into a lockdown last spring at the height of the pandemic. / PBN PHOTO/KATE WHITNEY LUCEY

For many, COVID-19 sparks desire to start a venture

After Michelle Politano was laid off when the COVID-19 pandemic arrived last year, she made the decision to pursue her lifelong dream of opening...

Most-read stories on PBN.com, April 2021

1. Applications open for new $200M rent assistance program POSTED ONLINE: APRIL 1. A new $200 million rent assistance program for tenants and landlords...

SBA: $976M in PPP loans for 16K R.I. recipients as program...

PROVIDENCE – Rhode Island secured about half the forgivable payroll loan funds in this year compared to the 2020 program, but the number of...

Matos: A voice for ‘business leaders at all levels’

PROVIDENCE – Lt. Gov. Sabina Matos has been handed the reins of small-business advocacy at a critical juncture, as many are still struggling to...

SBA: Paycheck Protection Program runs out of money

NEW YORK (AP) – The government’s key COVID-19 relief program for small businesses has run out of money. The Small Business Administration said Wednesday that...

SBA: $966.5M in PPP loans approved for 15,700 RI recipients

PROVIDENCE – Demand for forgivable payroll loans among Rhode Island small businesses ticked up in the last week, with nearly 1,300 recipients approved for...

Latest PPP loan approvals helping smaller R.I. businesses

PROVIDENCE – More Rhode Island small businesses were approved for federal forgivable payroll loans in the last week compared to the prior seven days,...
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