by Troy S. Mason | Jun 4, 2020 | Business News
While many small-business owners complained of missing out on crucial funding from the Paycheck Protection Program, others mistakenly ended up receiving their money twice — or multiple times. The issue stems from the hectic early weeks of the program, when funding ran out quickly and borrowers were not hearing back from their banks, industry sources […]
by Troy S. Mason | May 15, 2020 | Business News
WASHINGTON — At the direction of the White House, the Department of Homeland Security has sent recommendations for further restricting legal immigration during the COVID-19 pandemic, according to one former and two current administration officials. Among the...
by Troy S. Mason | Apr 25, 2020 | Business News
A housing association representing the richest zip code in America was approved to receive a $2 million emergency coronavirus relief loan from the Small Business Administration, despite suffering no layoffs and no apparent financial impact from the coronavirus...
by Troy S. Mason | Apr 19, 2020 | Business News
Much of the $350 billion in the Small Business Administration’s emergency coronavirus relief fund was effectively spoken for within the first minutes of launch, according to senior banking executives. “We didn’t even get through the first five...
by Troy S. Mason | Apr 17, 2020 | Business News
When the Small Business Administration’s $350 billion loan program ran out of money on Thursday, few people in the business world were surprised. With hundreds of thousands of businesses in distress, the demand for the forgivable loans was overwhelming. Employers who...
