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Newsom signs law clarifying PPP loan deductions for California taxes
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......»»
Newsom signs law clarifying PPP loan deductions for California taxes
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......»»
New fund aims to help small, minority businesses in the South bounce back from pandemic
Loans of up to $100,000 are available, with a focus on minority-owned businesses, many of which have been significantly impacted by the pandemic......»»
California bill to allow deductions on forgiven PPP loans is closer to approval
California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven may finally get some direction from the state on how to file their taxes......»»
Lawmakers give California businesses tax break on forgiven PPP loans to boost COVID-19 recovery
Gov. Gavin Newsom and lawmakers negotiated the provisions of the bill, which allows businesses to avoid paying state taxes on forgiven loans from the federal Paycheck Protection Program and to deduct expenses paid for using the loa.....»»
PPP rule changes help get loans to small minority-owned businesses: ‘I’m glad somebody saw the light’
Biden administration changes to the Paycheck Protection Program have boosted interest in the program and loan .....»»
Calling all Silicon Valley Latinx business owners — SVBJ is assembling its Latinx-Owned Businesses List
The Silicon Valley Business Journal is once again putting together its Latinx-Owned Businesses List and we need your help obtaining submissions! Please reach out with information on your own businesses or those in your neighborhood......»»
The number of Latino-owned businesses is skyrocketing — despite financial barriers
Latino entrepreneurs are 60% more likely to be denied loans by national banks. Despite that, Latino-owned businesses are largely profitable and rapidly growing in number......»»
Struggling minority-owned businesses were kept waiting until the last minute for PPP loans
The Paycheck Protec.....»»
Will California"s small businesses survive another COVID-19 surge without more help?
The lucky among California's small businesses have cobbled together loans and grants to get through the pandemic so far. But that mon.....»»
SBA failed to give guidance to ensure underserved and rural markets had access to PPP, report finds
Businesses owned by women and people of color or in rural areas may have been left out of PPP loans......»»
SBA failed to give guidance to ensure underserved and rural markets had access to PPP, report finds
Businesses owned by women and people of color or in rural areas may have been left out of PPP loans......»»
SBA failed to give guidance to ensure underserved and rural markets had access to PPP, report finds
Businesses owned by women and people of color or in rural areas may have been left out of PPP loans......»»
BofA, U.S. Bank say most of their PPP loans were to small businesses
Bank of America, Wells Fargo Bank and U.S. Bank report that the vast majority of their Paycheck Protection Program lending is going to small businesses in California and nationwide......»»
Why are so many black-owned small businesses shut out of PPP loans?
To view the full story, click the title link......»»
Minority businesses worry they are locked out of payroll lending program
As the government issues a second round of aid for small business owners, some U.S. senators, community banking groups and minority-owned banks said they are worried businesses owned by people of color may miss out on receiving much-needed loans......»»
Minority-owned small businesses need stimulus loans the most. They may finally get some.
SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»
Texas, California top SBA"s PPP approvals
Texas' small businesses received more loan approvals for the U.S. Small Business Administration's Paycheck Protection Program than any other state in the country – California received the most dollar volume. Texas had 134,737 loans approved, to.....»»
California scores largest share of nation"s PPP money
California businesses took in more federal PPP money than did those in any other state in the nation, according to final lending numbers. As of Thursday, California businesses had been approved for 112,967 loans through the U.S. Small Business Administ.....»»
113,000 PPP loans go to California businesses
California businesses took in more federal PPP money than did those in any other state in the nation according to final lending numbers. As of Thursday, California businesses had been approved for 112,967 loans through the U.S. Small Business Administr.....»»