Tag: U.S. Small Business Administration
SBA: 16,000 R.I. businesses approved for PPP loans as demand continues...
PROVIDENCE – Less than 200 additional Rhode Island small businesses have secured federal payroll relief loans in the last week as demand for the...
SBA reports $1.8B in PPP loans for R.I. businesses with funding...
PROVIDENCE – Rhode Island small businesses have secured more than $1.8 billion in federal payroll relief, the U.S. Small Business Administration shared on Wednesday.
The...
Local lenders report slowdown in PPP applications but increased anxiety over...
PROVIDENCE – The flood of applications from small businesses desperate for payroll relief has slowed to a trickle, local lenders say.
But while demand for...
R.I. businesses secure $593M in second-round PPP funds as approval rate...
PROVIDENCE – After inundating local lenders with applications for federal payroll relief funds, demand for the U.S. Small Business Administration’s Paycheck Protection Program among...
Citizens provides $321M in PPP loans to 3,100 R.I. small businesses
PROVIDENCE – Citizens Bank has helped roughly 3,100 Rhode Island small businesses secure a total of $321 million in funding through the U.S. Small...
R.I. businesses secure $593M in second-round PPP funds as approval rate...
PROVIDENCE – After inundating local lenders with applications for federal payroll relief funds, demand for the U.S. Small Business Administration's Paycheck Protection Program among...
Five Questions With: Michael Clarkin
Michael Clarkin serves as senior vice president and corporate sales manager for The Washington Trust Co., where he has worked since 2010.
He previously...
Are we ready? Raimondo moves ahead with reopening R.I.
Mounting case counts, hospitalizations and deaths. Soaring unemployment claims and nose-diving tax revenue. Mysteriously high infection rates among Latinos. No matter what part of...
Certain businesses left behind in dash for stimulus loans?
Elyse Farnsworth was eagerly awaiting the rollout of the U.S. Small Business Administration’s Paycheck Protection Program.
The hair stylist and owner of Arrow Salon LLC...
Local lenders prepare for fast and furious second round of PPP...
PROVIDENCE – “A breath of fresh air” is how Leland Merrill, chief lending officer and chief operating officer of BankNewport, described it when the...

















