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President Biden says Congress needs to shore up a small business disaster loans fund, and fast. Meanwhile, the response to Hurricane Helene has become a presidential election issue.
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The Small Business Administration had to quickly disburse coronavirus relief loans. But some of that may have been handed out to fraudsters, an agency report says.
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The Paycheck Protection Program, enacted to help small businesses dealing with the coronavirus pandemic, had expired Tuesday. With Trump's signature Saturday, the new deadline to apply is Aug. 8.
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The first round of Paycheck Protection Program funding ran out in days, but the second pot of money has more than $140 billion left after a month. Some business owners decided the PPP wasn't for them.
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The Small Business Administration is asking local Planned Parenthood affiliates to return funds received under a coronavirus relief program.
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Republican senators including Florida's Marco Rubio are calling for an investigation after reports that Planned Parenthood affiliates received millions of dollars in Paycheck Protection Act funds.
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Not-so-small companies like Shake Shack and organizations like the LA Lakers were able to get loans that were meant for suffering small businesses. What happened?
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The SBA chief announced that only small banks will be given access to the Payroll Protection Program for eight hours, after heavy criticism that the program had given money to well-known businesses.
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The Paycheck Protection Program is designed to help small businesses from falling off a cliff during the pandemic, but some companies on firm ground have gotten millions to expand.
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Business owners lucky enough to get the federal rescue funds are wrestling with paying their employees, even when their doors are closed.