Tuesday, April 20, 2021

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Tag: Small Business Administration

Rhode Island man indicted in virus relief fraud scheme

PROVIDENCE (AP) – A Rhode Island man has been indicted in an alleged scheme to fraudulently apply for unemployment funds and economic relief for...

Biden to boost pandemic lending to smallest businesses

WASHINGTON (AP) – President Joe Biden is targeting federal pandemic assistance to the nation's smallest businesses and taking steps to further equity in what...

Stay focused on business success

Business owners can be excused for being too busy surviving to spend the time needed to fully understand differences between myriad state and federal...

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...

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...
THE SBA has released a streamlined loan forgiveness application for PPP loans of $50,000 or smaller.

SBA releases streamlined PPP forgiveness application for loans $50K or smaller

PROVIDENCE – The Small Business Administration has released a simplified loan forgiveness application for Paycheck Protection Program loans of $50,000 or less, the SBA...
ONE MAN was indicted, while another was said to have agreed to plead guilty to charges related to an alleged conspiracy to file for fraudulent forgivable Paycheck Protection Program loans from the U.S. Small Business Administration.

DOJ: Warwick man to plead guilty to attempted PPP fraud

PROVIDENCE – In May, two businessmen from Rhode Island and Massachusetts were named by federal prosecutors as the first in the country to be...

SBA announces 2020 R.I. Small Business Week awardees

PROVIDENCE – The U.S. Small Business Administration on Monday announced its 2020 Rhode Island Small Business Week awardees. Harmony Oschefski, and Cedar Hwang, owners of...

Fewer than 500 R.I. businesses secured PPP loans in July, $128B...

PROVIDENCE – With just over a week until the U.S. Small Business Administration’s Paycheck Protection Program ends, interest among Rhode Island small business has...
HOT SEAT: Jovita Carranza, administrator of the U.S. Small Business Administration, speaks before a House Small Business Committee hearing on oversight of the U.S. Small Business Administration and Department of Treasury pandemic programs on Capitol Hill in Washington on July 17. / POOL VIA AP FILE/KEVIN DIETSCH

Big companies went to head of line for PPP loans

Ever since the U.S. government launched its emergency lending program for small businesses on April 3, there have been complaints that bigger companies had...

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