Small business

A man looks at the closed sign in front of Illinois Department of Employment Security in Chicago, Wednesday, April 15, 2020. With half-a-million people bounced out of jobs in the past month because of the COVID-19 pandemic, Illinois' unemployment safety net has been stretched to the limit. (AP Photo/Nam Y. Huh)
The Associated Press
April 16, 2020 - 10:38 am
WASHINGTON (AP) — The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week, the government reported Thursday. Roughly 22 million have now sought jobless benefits in the past month — easily the worst...
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FILE - In this April 2, 2020 file photo, a notice of closure is posted at The Great Frame Up in Grosse Pointe Woods, Mich. The government is closing in on the $349 billion lending limit on its Paycheck Protection Program that is sending relief money to the nation’s small businesses. The Small Business Administration says that it has approved more than 1.6 million loans worth more than $339 billion. The program will likely reach its ceiling Thursday, April 16. (AP Photo/Paul Sancya, File)
April 16, 2020 - 9:29 am
NEW YORK (AP) — The government is closing in on the $349 billion lending limit on its Paycheck Protection Program that is sending relief money to the nation’s small businesses. The Small Business Administration says that it has approved more than 1.6 million loans worth more than $339 billion. The...
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Rep. Alexandria Ocasio-Cortez, D-N.Y., left, wears a face mask to fend off the coronavirus as she listens to Senate Minority Leader Chuck Schumer, D-N.Y., speaks during a news conference to call on FEMA to grant approval for Disaster Funeral Assistance to help families in lower-income communities and communities of color across New York pay for funeral costs amid the coronavirus pandemic, Tuesday, April 14, 2020, in Corona neighborhood of the Queens borough of New York. (AP Photo/Mary Altaffer)
April 15, 2020 - 9:32 pm
WASHINGTON (AP) — With a key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll. Senate Minority Leader Chuck Schumer and...
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Vet tech Ashley Kultau, left, and Dr. Marisa Shulman check out Orik at Riverview Animal Hospital on Thursday, April 9, 2020 in Chattanooga, Tenn. With a 25% drop in business due to the COVID-19 pandemic, Dr. Tai Federico, owner of Riverivew Animal Hospital, has applied for a federal paycheck protection loan to help keep his full staff employed. (C.B. Schmelter/Chattanooga Times Free Press via AP)
The Associated Press
April 15, 2020 - 7:54 pm
NEW YORK (AP) — The government is approaching the $349 billion lending limit on its Paycheck Protection Program that is funneling relief money to the nation’s small businesses. The Small Business Administration says that as of Wednesday afternoon, it had approved more than 1.44 million loans...
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FILE - In this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa. Some owners who got their money said they're now feeling more confident about being able to retain their employees after businesses closed due to the coronavirus outbreak. (AP Photo/Keith Srakocic, File)
April 13, 2020 - 6:47 pm
NEW YORK (AP) — The flow of money to small businesses under the government's $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering. Money that was held up by technological and legal issues and the sheer volume of applications began...
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FILE - In this March 25, 2020 file photo, the dining section is closed off at East Side Pockets, a small restaurant near Brown University, in Providence, R.I. 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. (AP Photo/David Goldman, File)
The Associated Press
April 12, 2020 - 9:00 am
NEW YORK (AP) — 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 the government's...
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President Donald Trump speaks before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington, as Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarthy of Calif., listen. (AP Photo/Evan Vucci)
April 11, 2020 - 12:59 pm
WASHINGTON (AP) — As governors plead for aid, Republican leaders in Congress said Saturday they prefer replenishing a $350 billion small business program rather than negotiate the broader coronavirus package Democrats are pushing with the White House. In a joint statement, Senate Majority Leader...
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FILE - In this Wednesday, March 18, 2020 file photo, Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns in New York. Americans are seeking unemployment benefits at unprecedented levels due to the coronavirus, but many are finding more frustration than relief. (AP Photo/John Minchillo, File)
April 09, 2020 - 9:56 am
WASHINGTON (AP) — With a startling 6.6 million people seeking unemployment benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak. The figures collectively constitute the largest...
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FILE - In this March 16, 2020 file photo, chairs hang stacked on empty tables at a closed restaurant in New York. Small business owners across the country waited again Wednesday, April 8, to receive loan money under the government’s $2 trillion coronavirus relief program. Despite a few reports that some companies had received their loans, the vast majority of the hundreds of thousands of owners who began applying for the loans on Friday were still in limbo. (AP Photo/Yuki Iwamura, File)
April 09, 2020 - 9:43 am
NEW YORK (AP) — Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns. Yet, days into the program, many Main Street businesses are still waiting for the cash infusion necessary to stay alive...
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Treasury Secretary Steven Mnuchin and President Donald Trump listen to a question during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 08, 2020 - 6:57 pm
WASHINGTON (AP) — Congress is rushing headlong into a conflict over the next coronavirus aid package as the White House wants to pump $250 billion into a small business fund but opposes Democrats' proposal to tack on billions for protective gear, food stamps and support to state and local...
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