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Small business leaders call for $1.9 trillion stimulus relief package - Vimarsana News

Small business leaders call for $1.9 trillion stimulus relief package

Erin Clark/The Boston Globe via Getty Nearly 330 small business leaders signed a letter in support of  Biden's $1.9 trillion stimulus. The package includes measures for small business, which has been decimated by the pandemic. PPP loans saved at least 1 million jobs, but small business overall is two-thirds the size of early 2020. Some small business leaders and owners are calling for Congress to pass the American Rescue Plan. Small Business for America's Future — "a national coalition of business owners and leaders working to provide small businesses a voice...

How to keep your business alive while you wait for PPP loan approval - Vimarsana News

How to keep your business alive while you wait for PPP loan approval

Patrick T. Fallon/AFP via Getty This story is available exclusively to Insider subscribers. Become an Insider and start reading now. About a third of eligble businesses that have applied PPP haven't heard if they've been approved.  Lenders outside of the SBA are being very cautious about approving loans as demand surges.  The bottleneck means small businesses must find ways to extend their cash, operate leanly, and cut costs. Entrepreneurs who are struggling to keep their businesses afloat amid the pandemic have yet another c...