PPP borrowers may be buried in spam after names are released
Business names, addresses and other data points are expected to be released this week.
Congress passes extension of relief program for COVID-slammed businesses
The previous deadline for filing of June 30 has been extended to Aug. 8
Second flood of coronavirus-driven layoffs may come as states delay, roll back reopening
The effects of virus-related uncertainty will filter through the entire economy, expert warns.
Virginia’s new gun control laws will cause firearms sales to plummet, stores say
Virginia's new gun control laws passed by the Democrat-controlled state legislature go into effect Wednesday.
PPP loan borrowers will be made public as early as Thursday
Information for businesses that received more than $150,000 will be disclosed, the government said.
Senate passes bill to extend PPP application deadline for small businesses
Business owners would have until August to apply for relief under the bill.
What counts as a small business?
The U.S. has more than 30 million small businesses.
Mnuchin says remaining $135B in PPP fund could be repurposed
The remaining $135 billion in the PPP may be repurposed as the economic fallout from the pandemic continues, Treasury Secretary Steven Mnuchin said Tuesday.
As PPP borrowers become public, will they also become targets?
The government is building a "targeted list" for scammers and marketers, experts say.
Arizona governor sued by gym over coronavirus closure
Mountainside Fitness' CEO said the gyms would be open despite the governor's mandate.
PPP set to expire with $134 billion left over as Congress weighs next steps
On Tuesday, the final day for small businesses to apply for a forgivable loan through the Paycheck Protection Program, there remains $134 billion in the fund. What happens to the money now?
SBA expected to release names of PPP loan recipients this week
The SBA is expected to release a tranche of data on Thursday revealing which business owners received PPP loans.
Small businesses seeking coronavirus relief have until June 30 to apply for PPP loan
Small businesses can apply for the money through their local bank, so long as it's an approved SBA lender, or through any federally insured depository institution, federally insured credit union and Farm Credit System institution that is participating.
Couple suspected of coronavirus relief fraud caught fleeing the country
A Virginia couple has been arrested for allegedly submitting false loan applications under the Paycheck Protection Program which resulted in a payout of more than $1.4 million in coronavirus relief.
PPP deadline approaching: Don’t forget these other relief options
The deadline to apply for the Paycheck Protection Program loans is June 30, but there are other programs that offer relief.
Coronavirus testing data is flawed in US, Government Accountability Office finds
The Government Accountability Office critiqued the U.S. government’s handling of the coronavirus including testing data, stimulus money and the lack of a plan for the aviation industry in the midst of the crisis.
Coronavirus pandemic still keeping nearly 140,000 businesses closed, report shows
Nearly 140,000 Yelp-listed businesses that had closed at the beginning of March were still closed on June 15, Yelp data shows.
Small business owners with criminal past can now apply for PPP loans, SBA says
The Small Business Administration officially amended its rule on Thursday, easing restrictions on potential borrowers with a criminal record.
Treasury sent 1 million dead people coronavirus stimulus checks worth $1.4B, watchdog finds
The Government Accountability Office issued its findings as part of a sweeping review of the federal government's $3 trillion response to the virus outbreak.
Community banks shine during PPP loan rush as big banks fall short: FBN investigation
Unlike big, “money-center banks” headquartered in New York City such as JPMorgan Chase, Citigroup and in Wells’ case, San Francisco, community banks are locally owned and operated. You won't see their branch offices on every street corner and they don't conduct glitzy advertising campaigns.