The Paycheck Protection Program is out of cash for most businesses weeks ahead of the program's scheduled May 31 closure, the Small Business Administration said Tuesday.
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SPRINGFIELD, MA (WGGB/WSHM) -- There was a big boost for our local restaurants on Monday.
The $1.9 trillion American Rescue Plan Act that President Joe Biden will sign into law on Friday contains a number of provisions intended to help small businesses, especially restaurants.
The Small Business Administration and Treasury Department, under withering criticism for lack of transparency, shifted course Friday and announced they would disclose details of borrowers in the Paycheck Protection Program.
The Small Business Administration is demanding at least one Planned Parenthood affiliate return a Paycheck Protection Program loan, alleging the affiliate wrongfully received funding because the overall organization is too large to qualify for the program.
SPRINGFIELD, MA (WGGB/WHSM) -- Those who received a small business loan under the Paycheck Protection Program can start getting their expenses ready.
Magic Johnson may no longer be playing in the NBA, but the Hall of Fame member is still making valuable assists.
The House Oversight Committee's new select coronavirus oversight panel sent letters to five different companies on Friday asking them to return loans they received from the Paycheck Protection Program set up during the pandemic to aid struggling small businesses.