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Senate Approves 4 Billion Package to Help Small Businesses, Expand Testing

The Senate on Tuesday authorized a relief package that adds billions in new funding to the Paycheck Protection Program (PPP), expands coronavirus testing and

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American Express Launches ‘Stand for Small’ Coalition to Support Small Businesses

American Express (Amex) and 40 partner companies, including Amazon, Google, Facebook, Microsoft, Verizon and IBM, launched the “Stand for Small” coalition on Tuesday to

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Lawsuit Claims Loan Program Discriminated Against Women, Minorities

The Paycheck Protection Program allegedly discriminated against woman- and minority-owned businesses by prioritizing businesses with employees, according to a lawsuit filed by Maryland business

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Small-Business Relief Loans Could Face Some State Tax

Your Paycheck Protection Loan may be forgivable, but that doesn’t mean the funds are tax free.  Debt forgiveness is a taxable benefit in some states,

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Biggest Banks “Prioritized” Larger Clients for Stimulus Loans, Lawsuits Say

Class-action lawsuits targeting JPMorgan Chase, Bank of America and Wells Fargo claim the big banks favored larger businesses with Paycheck Protection Program (PPP) funds

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U.S. Chamber of Commerce Launches ‘Save Small Business’ Grant Program

The U.S. Chamber of Commerce Monday initiated a “Save Small Business Grant Fund” to give $5,000 in supplemental grants to help small business owners

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Senate Has No Deal on the Next Coronavirus Relief Bill

Republicans and Democrats in the Senate did not reach a deal on small business relief on Monday, but hope to come to a vote

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71 Publicly Traded Companies Got Paycheck Protection Funding Before It Ran Out

Even though the Paycheck Protection Program had limited funds, 71 publicly traded companies nabbed millions in loans before the stimulus was exhausted.  These large firms

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JPMorgan Has  Billion in Small Business Relief Applications in Need of Funding

JPMorgan Chase has distributed more than $14 billion in stimulus loans, but says it needs $26 billion more in funding to service the needs

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Stimulus Checks and Other Relief Hindered by Dated Technology

Three weeks after the $2 trillion stimulus package was passed, millions of households and small businesses are still standing by for financial assistance.  Several technical

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