The Trump administration has dispensed about $530 billion to millions of small businesses to cushion them from the sharp downturn induced by the coronavirus. The question is: how effective will the Paycheck Protection Program be? Some small business owners say ...

Tagged with: coronavirus economic impact coronavirus job loss coronavirus loans federal business loans Paycheck Protection Program PPP Trump coronavirus U.S. economy US jobs

Companies with thousands of employees, past penalties from government investigations and risks of financial failure even before the coronavirus walloped the economy were among those receiving millions of dollars from a relief fund that Congress created to help small businesses ...

Tagged with: CARES Act coronavirus federal business loans Paycheck Protection Program SBA Small Business Administration

Desperate small business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without funds, instead battling red tape, wary banks and swamped computer systems. Thousands of owners who applied for loans under ...

Tagged with: coronavirus coronavirus business loans coronavirus news coronavirus pandemic Paycheck Protection Program SBA Small Business Administration Trump coronavirus