Wednesday, March 3, 2021

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Many businesses can’t meet new PPP guidelines

The newly reopened Paycheck Protection Program sought to eliminate logistical hurdles and overly restrictive rules from its prior iteration, but some say it’s still...
STILL GOING STRONG: John Bellone, owner of The Breezeway Resort, The Hotel Maria, pictured, and Maria’s Seaside Cafe in Westerly, says in his 50 years as a customer of The Washington Trust Co., he’s never deferred a loan payment and has continued to meet monthly payments for the mortgages on his commercial properties throughout the pandemic, thanks to a strong business in a limited season. / PBN PHOTO/MICHAEL SALERNO

Banks on higher alert for credit weakness

In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...

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...

Five Questions With: Peter Nigro

Peter Nigro is the Sarkisian chair in financial services at Bryant University. He spoke to PBN about the economic outlook for 2020 and the...

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