Joyce’s Recent Stories
Economy Aug 03With loan money gone, restaurants are at mercy of virus
Many restaurants that got coronavirus relief loans have spent the money and now find themselves in the same precarious position as in the pandemic's early days.
Nation Jul 06Treasury names over 650,000 small businesses receiving government loans
The Treasury Department on Monday released the names of more than 650,000 companies that received funds from the government's small business lending program, a massive effort intended to support the economy as states shut down in April to contain the…
Economy Apr 28WATCH: Trump holds briefing to address coronavirus relief for small businesses
Banks trying to submit applications for thousands of small businesses seeking coronavirus relief loans have hit a bottleneck for a second day at the Small Business Administration.
Economy Apr 27Small business loan program restarts, runs into snags
The second round of loan applications for the government's program to aid small businesses hit by the coronavirus has been slowed by computer issues at the Small Business Administration.
Economy Apr 26A flood of business bankruptcies likely in coming months
The billions of dollars in coronavirus relief targeted at small businesses may not prevent some of them from ending up in bankruptcy court.
Economy Apr 21Small Business Administration reports data breach in disaster loan website
The Small Business Administration has reported it had a potential data breach last month in its website handling disaster loan applications.
Nation Apr 20Government relief loans to restaurant chains draw complaints
Some big restaurant chains have obtained loans from the government under a small-business relief program, leading business groups to call for changes to the program before Congress provides it with new funding.
Economy Apr 13Government loans start flowing to small businesses
Money that was held up by technological and legal issues and the sheer volume of applications began arriving in companies' bank accounts at the end of last week. The Small Business Administration says more than 941,000 applications have been approved…
Economy Apr 03Government’s relief program for small businesses off to a slow start
The federal government’s relief program for small businesses is off to a slow start, with few businesses able to apply and some big banks saying they’re not ready to process applications.
Economy Mar 31Businesses may get COVID-19 relief loans as soon as Friday
With an approval process that's been stripped down from the one used for traditional business loans, money can be available to companies the same day.