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Many franchises were refused coronavirus stimulus funding because they didn’t
Women-owned businesses are particularly vulnerable during the coronavirus crisis because
Venture-backed Startups Will be Eligible for Small Business Loans
Venture capital-backed startups will qualify for the $350 billion in small business loans now available to companies affected by the coronavirus pandemic. "I just got
U.S. Doubles Small-Business Loans’ Rate to 1% After Lenders Balk
The Small Business Administration (SBA) increased the Paycheck Protection Program interest rate to 1% on Thursday so lenders would be more incentivized to put
Federal Small-Business Loan Program Faces Rocky Start
JPMorgan Chase will not be accepting applications for the federal small-business loan program as early as Friday. Chase, the country’s largest lender, isn’t the only
What Businesses are Eligible for the Small Business Loan Stimulus?
Lenders are moving quickly to make funds available to small businesses across the U.S. in the wake of the coronavirus pandemic. Is your business
How Can I Apply for the Paycheck Protection Program?
Applications for the Paycheck Protection Program should be available online by Friday and application guidelines are also available on the Small Business Administration’s (SBA)
How Much Money Am I Eligible to Borrow and What Does it Cover?
Small businesses can qualify for loans up to 2.5 times the borrower’s average monthly payroll costs up to $10 million. Date ranges used for calculating
Can the Loan Be Forgiven?
The loans can be forgiven for costs during the first eight weeks of the loan, but only for companies that keep employees on payroll
Fourth Stimulus Package to Reduce State and Local Tax
House Speaker Nancy Pelosi proposed Monday that the next coronavirus federal stimulus package should include a rollback of a tax that hits high earners