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January 10, 2021
Kasson business owners relying on creativity, cooperation Still, says one, "I wonder even with this graduated reopening, if some of these businesses are not going to make it." 2:13 pm, Jan. 10, 2021 × Owner Marlo Bungum takes the temperature of Violet Finley as she arrives on Friday, Jan. 8, 2021, at Just Like Home School Age Child Care in Kasson. Each student’s temperature is taken when they arrive at the day care in an effort to keep COVID-19 at bay. (Traci Westcott /...
January 9, 2021
New $284 billion PPP round starts Monday with a more targeted approach The new pot of money sets aside $60 billion for businesses that haven’t been able to access the process so far, and it focuses on companies with 10 or fewer employees or those in low-income areas. A new round of Paycheck Protection Program money will start becoming available to select lenders and borrowers on Monday, according to senior administration officials. Community financial institutions — approximately 10% of el...
January 9, 2021
Jan 8, 2021 Norman businesses in need of financial assistance are inching closer to thousands of dollars in grants as city staff prepare to score applications and begin cutting checks in the next few weeks, according to City Manager Darrel Pyle. The City of Normanâs small business and non-profit organization grant program drew an overwhelming 628 applicants, a city report shows. The City Council appropriated $1 million of approximately $3 million in Coronavirus Aid Relief and Economic Secu...
January 9, 2021
With the help of lawyers, accountants, and lenders, we answered relief loan questions submitted by business owners in need of funding.
January 8, 2021
New York aid for restaurants during Covid-19: List of programs, how to apply Updated Jan 08, 2021; Facebook Share Restaurants and other food and drink businesses have been highly critical of Gov. Andrew Cuomo and his state agencies since the Covid-19 pandemic hit New York in March. Some critics claim the state has done “nothing” to help restaurants during the pandemic. Yet the state has offered programs and modified or relaxed some rules in an attempt to offer some aid to the dining indust...
January 8, 2021
Photo Credit: Rohane Hamilton/Shutterstock.com While hopes remain high that the federal government will come through with additional coronavirus relief under the incoming Biden administration, ASTA says the time is now for travel agencies to take advantage of the latest round of relief that was passed in December. The $900 billion Covid-19 relief package contains several provisions useful to travel agencies, the Society said in a media briefing Thursday. "On the whole, this bill is not as gen...
January 7, 2021
(Separate multiple addresses with a comma) Your Email Address Your Message (optional) Where is the Tipping Point? Why didnât we experience a tipping point? The Cares Act program provided financial relief to businesses, which allowed the businesses to continue to operate longer than their pre-COVID working capital and leverage would have allowed them to survive. Payroll related expenses are usually one of the largest expenses of a business. Receiving a forgivable loan, the ...
January 7, 2021
Tracking 2021 tax filing changes for businesses Tracking 2021 tax filing changes for businesses By Bria Chatman | January 6, 2021 at 10:34 PM CST - Updated January 7 at 11:29 AM BIRMINGHAM, Ala. (WBRC) - Covid-19 made life harder for many people, especially small business owners. But there’s some good news for entrepreneurs preparing to file taxes this year. Many entrepreneurs are in for new guidelines from the IRS. First if you’ve filed for the Payroll Protection Program and received ...
January 7, 2021
Superior Court Judge Brian Stern appoints a special master to take over Phoenix House While drug abuse is exploding in Rhode Island, the non-profit Phoenix House, which manages facilities in Rhode Island and around New England, is being placed by Superior Court Judge Brian Stern under the control of a special master to avoid a collapse and the liquidation of the company. Drug abuse and overdoses continue to be a public health crisis during the spread of the virus. According to data from the Rho...
January 7, 2021
Anthony Vazquez/Sun-Times file Chicago’s Southport Lanes, closed since September because of COVID-19 restrictions, could enjoy a comeback because of a $70,000 state grant its owner called “a life preserver.” There’s no date for reopening yet, owner Steve Soble said Thursday. But he said the grant will let him catch up on bills and pay forthcoming city licenses to resume operations at 3325 N. Southport Ave. The distinctive tavern-restaurant-entertainment venue, with its billiard hall and...