Economy Jun 27 New federal estimate finds more than $200 billion in COVID-19 aid may have been stolen
Economy May 05 Small business COVID-19 relief program runs out of money The government's key COVID-19 relief program for small businesses has run out of money. By Joyce M. Rosenberg, Associated Press
Politics Mar 30 WATCH: Biden signs two-month Paycheck Protection Program extension into law The Senate passed a bill 92-7 last Thursday to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program. By News Desk and Associated Press
Politics Mar 25 Watch 8:07 ‘First affected’ and ‘hit the hardest:’ Minority-owned businesses struggle for PPP funds The U.S. Senate on Thursday voted to extend the application period for the Paycheck Protection Program until the end of May. Since the program began, over $700 billion have been distributed to small businesses to help cover losses during the…
Politics Mar 25 WATCH: Senate votes to extend small business loan program for 2 months The bill had already passed the House, so it now goes to President Joe Biden’s desk to be signed into law. Congress started the loan program last year to help businesses survive the COVID-19 pandemic. By News Desk and Kevin Freking, Associated Press
Mar 03 ‘The system was never created for us.’ Business owners of color still struggle to get enough COVID aid By Courtney Vinopal Black and Hispanic business owners said they feel disparities in PPP distribution highlight longstanding systemic inequities in the U.S. that have kept entrepreneurs who are not white from accessing capital. Continue reading
Feb 22 WATCH: Biden makes announcement about Paycheck Protection Program for small businesses By Zeke Miller, Associated Press President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of color. Continue reading
Sep 01 House panel warns of fraud, abuse in business aid program By Marcy Gordon, Associated Press A report by a House subcommittee says a lack of government oversight and accountability for the $600 billion-plus program may have led to billions being misspent. Continue reading
Aug 06 Watch 7:43 During economic collapse, business owners with criminal records are haunted by their past By Paul Solman, Sam Lane American businesses suffering through the pandemic’s economic fallout have received hundreds of billions of dollars in federal loans since the Paycheck Protection Program opened this spring. But accessing that funding was challenging for business owners with criminal records. Economics correspondent… Continue watching
Jul 07 Watch 6:00 The national impact of the federal government’s Paycheck Protection Program The Paycheck Protection Program, or PPP, is one of the federal government’s signature efforts to help small businesses weather the COVID-19 pandemic. Now, there is new data from the Trump administration about how this money was distributed during the past… Continue watching