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Newly-created Pisgah Fund seeks to create jobs, improve health care in WNC msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Hatteras Venture Partners announces new Pisgah Fund for WNC investments independenttribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independenttribune.com Daily Mail and Mail on Sunday newspapers.
Dive Brief: The Small Business Administration released new guidance Wednesday allowing sole proprietors, independent contractors and the self-employed to use gross income rather than net profit to calculate the amount of Paycheck Protection Program funding they should receive. The changes come during a two-week window in which the PPP portal until March 9 is accepting applications only from businesses with fewer than 20 employees. However, the portal is slated to stop taking applications March 31. The SBA approved nearly 2.2 million loans worth $156.2 billion between PPP s January relaunch and Feb. 28, according to agency data. That accounts for just more than half of the $284 billion a December bill earmarked for the program. The new guidance, combined with the prospect of leftover funds, has some bankers lobbying for PPP to extend beyond March. ....
Small-business requests for money from the federal government’s signature Covid-19 relief initiative are running well below last year’s heady pace, prompting changes in the program’s final month to reach the hardest-hit businesses. ....