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NC Business Leaders Push For Legislative Action As Labor Shortage Persists

North Carolina business leaders say legislative action is needed to entice workers into rejoining the workforce as many businesses struggle to find workers going into the summer season. ....

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Second Round Of PPP Brings More Success For Some Minority-Owned Businesses

WFAE
Joe Momma s Pizza & Grill is one of the 60 Latino-owned businesses that secured a PPP loan through Prospera, a nonprofit organization that supports Latino entrepreneurs.
When the Paycheck Protection Program rolled out in 2020, much of the money went to big businesses with previously established banking relationships.
So in February, the Biden administration announced
updates to the second round of PPP loans. There were changes in eligibility and a two-week priority period for businesses with 20 or fewer employees. Lending institutions were also given a new formula to calculate loan amounts.
“We wanted to be sure that those who couldn t take advantage of PPP loans had a decent shot at doing so this year,” said Mike Arriola, acting district director of the North Carolina SBA office. ....

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Changes In PPP Eligibility Give Minority Business Owners Who Were Skipped Over A New Shot At Loans

WFAE
Changes in eligibility come after failures during the first round of the Paycheck Protection Program, failures that caused many minority-owned businesses to miss out on receiving a loan.
Está historia está disponible en español en La Noticia.
Businesses across the country were forced to close their doors last March as statewide lockdowns went into effect. So the announcement of financial support for business owners through the Paycheck Protection Program was a relief.
But instead of getting help, many minority-owned small businesses were denied PPP loans.
“A lot of people really just got turned down for loans,” said Shanté Williams, director of the Charlotte Mecklenburg Black Chamber of Commerce. “Even though they could show that they were hurting. They could show what they used to make prior to 2020, and it just wasn t enough. ....

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The Great 28: Black Charlotteans who are shaping Charlotte

The Great 28: Black Charlotteans who are shaping Charlotte
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Jan. 10-16, 2021: The Week In Review From WFAE

White House
President Trump will leave the White House for good this week just before Joe Biden is inaugurated Wednesday.
Are Calmer Days Ahead? Or Is A Storm Brewing?
It was another busy news week, and somehow we re wondering: Is this the crest of the wave or are we still in the calm before storm?
It s pretty insane to think that the calm might include 1. President Trump s second impeachment and 2. Such high levels of coronavirus transmission in the Charlotte area that Mecklenburg County s public health director has recommended sticking to virtual options whenever possible for the next three weeks.
In the meantime, we re all still learning to live with a COVID-19 surge, with a new more easily transmissible strain expected to take hold in the U.S. that could lead to overwhelming the health care system more than it has been already. In South Carolina, one coroner is worried she ll run out of morgue space, as WFAE s Sarah Delia reported. And just Friday, Gov. H ....

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