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Fed’s loan program missing mark

Across Rhode Island and the country, the Federal Reserve’s Main Street Lending Program has not lived up to its potential. The program sought to help...

PBN survey: Most R.I. businesses foresee recovery from pandemic within a...

Despite the economic devastation inflicted by COVID-19, Rhode Island businesspeople remain optimistic that the worst is over and their businesses can only improve in...
WILLING PARTICIPANT: BayCoast Bank is one of lenders with a local presence that has begun accepting and processing applications for the U.S. Small Business Association’s Paycheck Protection Program. / COURTESY BAYCOAST BANK

Stressed R.I. employers jostle to receive SBA assistance

The rollout of federal relief ­programs offered a much-needed source of funding and of hope to small businesses struggling in the coronavirus pandemic. But securing...
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