Small Business Administration

Over the next two weeks, priority is being given to the country’s smallest employers applying for access to emergency loans. NBC 5’s Lili Zheng reports.

Over the next two weeks, priority is being given to the country’s smallest employers applying for access to emergency loans.

A third of small business owners anticipate layoffs if Congress increases the federal minimum wage to $15, according to a new CNBC|SurveyMonkey survey.

A majority of small business owners support the $1.9 trillion Covid relief package being pursued by President Joe Biden, according to a CNBC survey.

The Small Business Administration is reopening its Paycheck Protection Program this week, with some revamped rules and guidelines.

Banks across the country, are starting to work overtime to help businesses get their Paycheck Protection Program applications together. NBC 5’s Alanna Quillen reports on the second round of help for small businesses.

A Paycheck Protection Program loan for nearly $1.2 million issued to an organic farm operator allegedly located in western Maine has raised suspicion after a massive disclosure of federal records about the small business relief program. According to records released by the U.S. Small Business Administration, Common Ground Organic Farm LLC, based in Bridgton, received the loan. The records show…

African American-owned businesses have been hit especially hard during the coronavirus pandemic-caused recession, with roughly 40% of Black business owners reporting unemployment in April.

Over the weekend President Donald Trump signed off on an extension of the deadline for small businesses to file for Small Business Administration assistance through the Paycheck Protection Program, moving the deadline until Aug. 8.

The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program

Small Business Administration Administrator, Jovita Carranza, stopped in Dallas on Friday to meet with small businesses who have taken advantage of federal loans and grants as Texas moves to Phase 3 of reopening.

The record number of new cases raises concerns as Texas moves into Phase 3 of reopening the state. Restaurants can now expand to 75% capacity. NBC 5’s Jack Highberger reports for other businesses it’s the moment they’ve been waiting for to re-open.

The smallest companies seeking coronavirus relief loans are moving to the head of the line

Congress approved another $310 billion for paycheck protection program loans and $60 billion for disaster loans last week. The Small Business Administration is set to resume the program on Monday with new guidance intended to discourage large, publicly traded companies from receiving loans. Many North Texas small businesses were frustrated that some larger companies received loans in the first round of stimulus.

The Small Business Administration has reported it had a potential data breach last month in its website handling disaster loan applications

With the Small Business Administration’s Paycheck Protection Program completely drained of its $350 billion coffer, stories of North Texas small businesses that missed out on the money continue to emerge.

The Small Business Administration website reads that it is “unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP lenders at this time.”

Millions of people and countless small businesses are struggling to make ends meet amid the COVID-19 economic downturn. In recent weeks, hundreds of thousands have begun to file for loans available through the Small Business Administration. Among them is the “Payroll Protection Program” loan, which opened up to independent contractors and the self-employed last week through their respective banks and…

The road to recovery after October’s tornado in Dallas has proven to be a daunting task for a number of entrepreneurs. There’s concern that those small businesses often referred to the “backbone” of any economy will be unable to rebuild. Business owners and commercial building owners met with city and federal representatives in Dallas Tuesday for a town hall...

The road to recovery after October’s tornado in Dallas has proven to be a daunting task for a number of entrepreneurs.