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Rhode Island Foundation promotes Claudia Cornejo to lead economic security

Claudia Cornejo has been appointed a strategic initiative officer at the Rhode Island Foundation, where she will lead the Foundation’s activities and grant-making for...
Christopher Carlozzi

The $2 trillion CARES Act could provide lifelines for small business

Many small businesses breathed a sigh of relief when Congress passed the $2 trillion CARES Act to help prevent them from going under during...
THE WASHINGTON TRUST CO. is one of the lenders preparing for heavy demand from small businesses looking to participate in the federal Paycheck Protection Program, starting Friday. / PBN FILE PHOTO/SCOTT KINGSLEY

Stressed local bankers brace for overwhelming demand for new SBA loans...

PROVIDENCE – Local bankers are expecting an onslaught of demand from struggling small businesses looking to get a piece of the nearly $350 billion...

PBN to host health care webinar on the coronavirus

PROVIDENCE – Providence Business News will host a free virtual summit on April 1 on what businesses need to know about the global COVID-19...

SBA broadens program eligibility for businesses

PROVIDENCE – The U.S. Small Business Administration recently took action to allow more small businesses to become eligible for the agency’s loan guarantees and...
THE SBA has proposed modifying regulations on how companies calculate their annual average revenue by changing the measured number of years of revenue from three to five years.

SBA proposes rule change for revenue calculations

PROVIDENCE – The U.S. Small Business Administration has proposed modifying its method for calculating annual average revenue for certain small businesses. The shift, according to...
SECURING SENIORS: Michael Vieira, left, certified aging-in-place specialist, and Justin Oakley, occupational therapist and home safety specialist, combined their expertise to create Oakley Home Access, a company that offers advice on home adjustments for people living with mobility issues, as well as builds and installs specialized equipment to make home life easier and safer.
 / PBN PHOTO/MICHAEL SALERNO

Making homes safe, livable for seniors

Justin Oakley and Michael Vieira share a work history that dates back decades. As 16-year-old entrepreneurs, they sold quahogs door to door in the Narragansett...
THE SBA is accepting applications in Rhode Island for its Emerging Leaders program.

SBA calls for Emerging Leaders program applicants in R.I.

PROVIDENCE – The U.S. Small Business Administration Rhode Island District office is calling for applicants for its Emerging Leaders program, which provides business leaders...
HARBORONE BANK of Warwick was among six banks and business finance firms honored as exemplary lenders for small business in a recent ceremony by the U.S. Small Business Administration. Shown above are (left to right) SBA Regional Administrator Wendell Davis, HarborOne Bank Vice President Joseph Hindle, and SBA Regional Director Mark Hayward. / COURTESY/U.S. SMALL BUSINESS ADMINISTRATION

SBA honors R.I. small-business lenders of the year

LINCOLN – Four banks and two business finance firms in Rhode Island were honored as exemplary lenders to small businesses by the U.S. Small...

Federally backed lending to small businesses up in Rhode Island

PROVIDENCE – Rhode Island has seen double-digit increases this year in small business loans backed by the U.S. Small Business Administration, the agency reported...

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