Page 96 - Payroll Protection Program News Today

New aid is also on its way. 6:00 am, Jan. 24, 2021 × FARGO — As Fargo-Moorhead area officials wait to see if the federal government will provide more aid to help with the impact of the coronavirus pandemic, theres one thing they all agree upon. The first CARES Act relief passed last spring was a major boost to keep operations going and allowed them to take precautions against the virus. "It was a tremendous boost for the city," said Jim Larson, finance director for the city of West...

Homespun restaurant closing its doors after 36 years in Battle Creek "Theres Larry," she said before he stepped in the building. Larry Wright of Climax is a regular customer at the restaurant located at 210 E. Columbia Ave. near Riverside Drive. He said he would come nearly five days a week to meet with a group of friends before the state-mandated ban on indoor dining due to the COVID-19 pandemic. "Figured I need to stop in and see how Dusty is doing," Wright said after ordering a burger. "I ...

January 22, 2021 Minnesotas Latino-owned businesses report challenges, and optimism, as they cope with COVID-19. For Latino-owned enterprises in Minnesota, COVID-19 has erected many of the same barriers other owners face, but they’re dealing with added disparities in their access to state and federal relief programs for business. Those were among the findings in a study released this week by Hispanic Advocacy and Community Empowerment through Research (HACER). Rodolfo Gutierrez, the orga...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Bank of the James Announces Fourth Quarter, Full Year 2020 Financial Results and Declaration of ... Bank of the James Financial Group, Inc.January 22, 2021 GMT LYNCHBURG, Va., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Bank of the James Financial Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James, a full-service commercial and retail bank serving Region 2000 (the greater Lyn...

“We were one of the first non-essential businesses to be shut down”, Tyler said. That’s why the Center for Responsible Lending has issued a position paper with its recommendations for improving the $284 billion, third round of the PPP. One idea:  remove barriers to participation, including the exclusion of applicants charged with, but not convicted of a crime, and those who are delinquent but have not defaulted on student loans. “These are business owners, they should be able to access...

Small businesses have received more than $5 billion in Payroll Protection Program loans during the past week. The U.S. Small Business Administration announced that the coronavirus-relief program opened Tuesday for all participating banks and lenders, regardless of size or how they are chartered. From Jan. 11 until Jan. 14, the program was reserved for community […]

Biden Day One: economic recovery Article by Beth Miller Photo by iStock January 21, 2021 UD experts say pandemic recovery will give fresh traction to economy Editor’s note: As University of Delaware alumnus Joseph Biden starts his first full day as president of the United States, UDaily offers thoughts from several UD experts and doctoral students on the Biden-Harris administration’s top four priorities: COVID-19, economic recovery, ...

University of West Florida’s department of Global Hospitality & Tourism Management, Pensacola “For the tourism industry in Northwest Florida there is no playbook at this point for dealing with the pandemic. I would say that those business owners that have developed a plan to be as flexible, creative and transparent as possible are coming out ahead. I have noticed that some hotel owners are taking this opportunity to spruce up their hotels if they have the money. But across the board, the lu...

JUST PLAIN TALK: New laws, new directions Buz Livingston Congress included a pandemic relief package as part of the Consolidated Appropriations Act, 2021. Direct payments to individuals, $600 versus $2,000, garnered most of the press, but the bill tweaked the tax code to boost the economy. Some were targeted like the one-year extension of a tax break for racehorses benefitted states, like Kentucky, with horse tracks and breeders. Others were more broad-based. The act made business meal expen...

On Wednesday, Jan. 6, Senator Sal DiDomenico and his colleagues in the Massachusetts Legislature passed $627 million in funding for a sweeping economic recovery and development bill, providing critical support to businesses, investments in infrastructure, and creation of new jobs in the wake of the COVID-19 pandemic. The bill was signed into law on January 14, 2021. An Act Enabling Partnerships for Growth is a COVID-19 relief and recovery package that provides support to the restaurant and tou...