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What The New SBA Head Is Doing For Older And Minority Entrepreneurs

An exclusive conversation with SBA Administrator Isabella Casillas Guzman ....

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Newsy investigation finds bureaucratic blunders block small business relief

Newsy investigation finds bureaucratic blunders block small business relief
By:
Patrick Terpstra
and last updated 2021-05-20 10:57:14-04
Terri Senecal co-owns the Sacchetti Music shop in Huntingtown, Maryland. Like so many small business owners, she has struggled to stay open through the pandemic.
It s been horrible, Senecal said. I don t want to close the store and put 14 people on unemployment.
In April, the U.S. Small Business Administration invited Senecal to apply for a new round of federal COVID aid, up to $10,000 she would not need to pay back.
She went for it.
Weeks later the SBA rejected her application with a weird explanation. The agency told her one reason she didnât qualify was she had failed to pay child support. ....

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Newsy investigation finds bureaucratic blunders block small business relief

Newsy investigation finds bureaucratic blunders block small business relief
turnto23.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from turnto23.com Daily Mail and Mail on Sunday newspapers.

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More Than Half of Businesses Shut Out of SBA Relief Fund (VIDEO)

More Than Half of Businesses Shut Out of SBA Relief Fund (VIDEO)
newsy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsy.com Daily Mail and Mail on Sunday newspapers.

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COVID recession hit women and minorities harder, but SBA programs a big help

The COVID recession has had an outsized impact on women, particularly minority women, who are more likely to work in areas such as retail and restaurants that were hard hit by the downturn in the economy. According to the Bureau of Labor Statistics (BLS), more women than men in the U.S. have lost their jobs because the industries they tend to work in have been impacted more by the effects of the pandemic.
âSecond, the coronavirus shutdowns have closed schools and daycare centers around the country, keeping kids at home and making it even harder for parents (especially mothers who tend to provide the majority of childcare) to keep working,â said a BLS report The Impact of COVID-19 on Gender Equality. âChildcare poses an additional challenge to working mothers during the pandemic.â ....

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