Tag: Paycheck Protection Program
DOR: State coffers won’t get boost from tax rules around forgivable...
PROVIDENCE - Already-strained state coffers won't get any help from new tax guidelines on forgivable Paycheck Protection Program loans but businesses will benefit.
Rhode Island...
Local lenders, borrowers find latest payroll loan process significantly smoother
PROVIDENCE – In a year that for many has felt like a decade, Josh Welch’s recollection of his initial application to the Paycheck Protection...
Second round of PPP loans to start week of Jan. 11
PROVIDENCE – The Paycheck Protection Program will reopen on the week of Jan. 11, the U.S. Small Business Administration announced Friday in consultation with...
Down year is OK for Block Island
Block Island’s tourism-dependent business owners entered the summer fearful of the damage the COVID-19 pandemic would do to their livelihoods, but most report that...
Trump’s $2,000 checks all but dead as GOP Senate refuses aid
WASHINGTON (AP) – President Donald Trump's push for $2,000 COVID-19 relief checks was all but dead Wednesday as Senate Majority Leader Mitch McConnell proposed an alternative...
Highlights of $900B COVID-19 relief, PPP changes
The massive, year-end catchall bill Congress passed combines $900 billion in COVID-19 aid with a $1.4 trillion omnibus spending bill and reams of other...
Business owners grapple with Raimondo’s ‘pause’ extension
PROVIDENCE – Gov. Gina M. Raimondo's decision on Thursday to extend Rhode Island’s economic “pause” through Dec. 20 means some local businesses will have...
SBA releases detailed PPP data for all loans
PROVIDENCE – The Small Business Administration has released detailed Paycheck Protection Program loan data for all loans, following a court battle with several newspapers...
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...
BankNewport is a vital financial and social asset to the community
PBN Business Excellence Awards 2020
Excellence at a Large Company: BankNewport
ONE OF BANKNEWPORT’S priorities is developing a best-in-class customer experience by focusing on the...
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