US WHY THIS PROGRAM IS A CHAMPION FOR THE IMMIGRANT COMMUN ITY. 20 “YOU DON’T HAVE TO GO FARO T TRY FOOD FROM AROUND THE WORLD RIGHT HERE IN MAINE.. WITH AUTHENTIC COLOMBI AN FOOD SERVED RIGHT HERE AT MAIZ IN BRUNSWICK.” <NAT POP> 14;38;25 “AREPA.. <TIM’S VOI> CE ‘AREPA’.. […]
program
Officials consider legacy program to help retain longstanding Evanston businesses
Evanston officials moved forward this week on a proposal that would recognize the special character of longstanding businesses by creating a program to ensure they can remain in the city. Members of the city’s Economic Development Committee strongly backed the city staff’s proposed Legacy Business Program at the committee’s Tuesday, […]
SBA: COVID-19 disaster loan program out of money
The federal government’s COVID-19 disaster loan program for small businesses and nonprofits ran out of money on Saturday, hours after the deadline for borrowers to request additional loan funds, according to an email notification obtained by Newsday. The U.S. Small Business Administration, in the message to borrowers, said all funds […]
SBA Offers Last Call for a Key Covid-Era Small-Business Aid Program
In the past few days, tens of thousands of small-business owners have received emails from the Small Business Administration inviting them to apply for more money through the Economic Injury Disaster Loan program, an emergency loan program for small businesses struggling financially amid the pandemic. The SBA is offering the […]
COVID-19 relief fraud led to billions in taxpayer-funded Paycheck Protection Program loans lost
David Spunt reports on estimated $100 billion in fraud cases Officials still cannot say exactly how many billions of dollars in Paycheck Protection Program loans fraudsters made off with in the past couple of years, but they know it is a lot. Reports and estimates vary, but multiple inspectors general […]
Groundbreaking Small Business Loan Program Gets Long-Awaited Expansion
Nonprofit loan funds like Accompany Capital enable minority-owned businesses to thrive. The recent program expansion will allow them to give out more loans but will it be enough? Kidmoto founder and CEO Nelson Nigel drove the first trip for his Queens-based car service that specializes in airport transport for parents […]
$10.5B in Paycheck Protection Program loans went to 84,000 Long Island businesses, nonprofits
More than 84,000 businesses and nonprofits on Long Island received a total of $10.5 billion in loans via the federal government’s marquee pandemic-relief initiative, the Paycheck Protection Program, according to a Newsday analysis of new data. The PPP was launched to provide employers with the funds to keep workers on the […]
Local banks could help shore up Black business loan program
Everybody loves a story with a happy ending. Unfortunately, when it comes to a state-sponsored program for providing Black-owned businesses with loan money, I don’t think we’re quite there yet. I wrote a column about the Black Business Loan Program, administered by the state’s Department of Economic Opportunity, a couple […]