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Small businesses are struggling in the wake of the coronavirus
The Senate on Tuesday authorized a relief package that adds
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
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
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,
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
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
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
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
JPMorgan Has $26 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