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Tag Archives: SBA

AP: Publicly traded firms get $300M in small-business loans

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 ...

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‘Absolute chaos’ as businesses try to tap into rescue funds

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 ...

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