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Early in the pandemic, the federal government tossed a financial lifeline to the struggling orange growers of Minnesota. The struggling what of where, you may ask yourself. Which is more scrutiny than anyone seems to have given a $17,931 Paycheck Protection Program loan to one "Shaila Big Fresh Oranges" of Mantorville, Minn. The loan caught the eye and raised the eyebrows of investigative ...
HEADLINES & GLOBAL NEWS By Feb 22, 2021 09:48 AM EST One of the most significant PPP policy changes that Biden will do is give more to small minority-owned businesses. Most smaller establishments have been crushed by the pandemic and driven out. Last Monday, changes in the policies regarding the Paycheck Protection Program (PPP) will be enacted. One of the changes that will follow the PPP is that any business with 20 or fewer workers is part of the priority. Another is that it is minority-owned. Joe Biden announced these changes as part of the Paycheck Protection Program (PPP) to benefit...
State Representative Steve Xiarhos (RâBarnstable) has filed legislation to protect small businesses from state taxation that would dilute economic stimulus benefits they received from the federal government during the pandemic. Under the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress directed the US Small Business Administration to guarantee billions of dollars worth of targeted loans to small businesses nationwide. The purpose of the so-called Paycheck Protection Program was to ensure that those small businesses, which collectively serve as major employers of ...