Posted in Business

‘Half a Billion Dollars’ Needed From $20M City Small Business Loan Pool

In Washington, a federal lending program for small businesses has run out of money, it was revealed Thursday. In New York City, the well appears to…

Continue Reading... ‘Half a Billion Dollars’ Needed From $20M City Small Business Loan Pool
Posted in Business

Flooded With Requests, City Boosts Small Business Grant Fund — But Not Loan Pool

Only 100 of the small businesses that applied for emergency loans have received any money so far, officials said Monday as City Hall bolstered a…

Continue Reading... Flooded With Requests, City Boosts Small Business Grant Fund — But Not Loan Pool
Posted in Business

Feds’ Small Business Loan Program Has $128B Left. Yet City’s Minority Owners Still Struggling to Get Their Share

Federal funds for COVID-19 business relief were depleted at one point, but now there’s more money than businesses getting it. According to the U.S. Small Business Administration,…

Continue Reading... Feds’ Small Business Loan Program Has $128B Left. Yet City’s Minority Owners Still Struggling to Get Their Share