Citi has 2,000 employees working on small-business loan program

The Houston Grand Opera received a $2.5 million loan in the second round of the Small Business Administration's Paycheck Protection Program. The organization is utilizing the funds to restore all furloughed employees, starting May 4, and cancel salary r.....»»

President Donald Trump on Tuesday was scheduled to give a speech touting the federal government’s small-business loan program, and said he would sign an executive order on food supply......»»

Fabian Videla was one of the small-business owners to get approved for his $60,000 loan from the government, which should keep his employees paid for the next two months. Here's his advice to others trying to get one......»»

One small business owner got a Paycheck Protection Program loan. Her employees are furious......»»

One small business owner got a Paycheck Protection Program loan. Her employees are furious......»»

Working from home, employees hustled to process small-business applications under the Paycheck Protection Program......»»

The Federal Reserve will launch a $600 billion low-interest loan program designed to fill in the cracks in the Paycheck Protection Program. The Main Street Lending Program is available to businesses with fewer than 10,000 employees and revenue of .....»»

Bankers are on the front lines of the Paycheck Protection Program rollout, meant to help businesses with with up to 500 employees stay open and pay workers. Here's their advice for applying for a loan......»»

Hoffman's Car Wash has the chance to bring back furloughed employees after qualifying for a $4.5 million loan through the U.S. Small Business Administration's Paycheck Protection Program. But the situation is more complicated than it might seem......»»

Gov. Jay Inslee announced Tuesday a new grant program for small businesses affected by the economic fallout of the COVID-19 pandemic. The $5 million Working Washington Small Business Grant program will award businesses with fewer than 10 employees .....»»

A federal program that will provide loans to small businesses — and forgiving portions used to pay employees — will be up and running Friday, Treasury Secretary Steve Mnuchin said Thursday afternoon. Experts expect a mad scramble by borrower.....»»

Gov. Tom Wolf on Wednesday rolled out the details of a $60 million loan program that will help Pennsylvania small businesses that are impacted by the closures and other disruptions due to COVID-19. The COVID-19 Working Capital Access program, also k.....»»

Until 1988, women needed a male relative to co-sign to apply for a business loan. Today, according to the Small Business Administration, there are more than 13 million women-owned businesses. I’ve spent my entire career working with small busin.....»»

Fallout from the Small Business Administration’s Paycheck Protection Program loan could last for years as the agency works through billions of dollars in forgiveness applications and inevitable appeals. That is partly because of the addition of a s.....»»

California Gov. Gavin Newsom signed legislation Thursday that allows most California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven to deduct expenses they paid with those loans......»»

The legislation allows most California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven to deduct expenses they paid with those loans......»»

Backers of the program have said it's one of the largest state-involved loan efforts in America to come out of the coronavirus pandemic......»»

The Senate passed a PPP extension on March 2.....»»

In total, SBA identified 75,746 franchise businesses that received loans under the small-business pandemic loan program......»»

The Small Business Administration has started offering loans for its next round of PPP funding. Here's what small-business owners should expect in the next round of funding......»»