No IPOs, Small Business Loans, or New Craft Beer: How the Government Shutdown Is Hurting Business

The Small Business Administration has stopped approving routine small-business loans, forcing some entrepreneurs to consider costlier sources of cash......»»

Shuttered government offices are stalling the approval of new loans, initial public offerings, the processing of tax documents, the approval of new products and other substantial business across the U.S......»»

Small companies across the country are losing business because of the government shutdown. .....»»

Shuttered government offices are stalling the approval of new loans, initial public offerings, the processing of tax documents, the approval of new products and other substantial business across the U.S......»»

We are back and fully operational.....»»

A loss in revenue, weaker confidence, and regulatory and lending delays all hit small businesses hard......»»

The SBA hasn't awarded a small business lending company license in 40 years. One of the three recent recipients plans to set up shop in Missouri......»»

In a game-changing move for the state’s economy, Energize Colorado announces it has injected $14 million in low-interest loans to over 300 local small business owners across various industries, supporting a sector that is the backbone of the stat.....»»

Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of $20,833, ProPublica found. President Joe Biden. Scott Olson/Getty Images Fake firms collected $7 million in COVID-19 small business relief.....»»

Leawood-based C2FO plans to start offering unsecured, low fixed-rate loans of $10,000 to $1 million to small and midsize businesses this summer......»»

While the craft beer industry has been hit hard by Covid-19, demand for bourbon hasn’t slowed a bit, according to Ted Mitzlaff, CEO and chairman of Goodwood Brewing Co. In a few weeks, Goodwood Brewing Co. will release its first rye whiskey, with.....»»

The Small Business Administration said the Paycheck Protection Program has been exhausted. As of Sunday, the PPP had given out nearly 10.8 million loans worth.....»»

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......»»

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......»»

PPP loans at $2 million and above, borrowers are required to fill out a questionnaire so the Small Business Administration can determine if the loan was necessary......»»

A Pelham business has moved to the new Campus No. 124 development and has boosted its offerings. The Beer Hog, which was located at 112 Bowling Lane near Oak Mountain Lanes since 2016, has relocated to the multi-use project and opened at 2408 Pe.....»»

So far, nearly 1,100 businesses have applied through ECDI’s portal, and more than 380 loans have been closed and approved by the U.S. Small Business Administration. Another 700 are waiting approval......»»

Through March 10 of this year loans, the Hawaii Bankers Association had received over 15,500 Paycheck Protection Program applications, with over 10,500 of them successfully submitted to the Small Business Administration.....»»