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July 15, 2025

PPP

Article

With loan money gone, restaurants are at mercy of virus

August 3, 2020 Joyce M. Rosenberg, Associated Press

NEW YORK — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets. Government coronavirus loans in the spring helped eating establishments rehire laid-off employees and ride out […]

News

Report: Cal Cunningham criticized, then used PPP funds

July 7, 2020 North State Journal Staff

A report from the Washington Free Beacon on Tuesday reported that WasteZero, a Raleigh-based environmentalist trash service, obtained between $1 and $2 million in PPP funding on May 3, data released by the Small Business Administration […]

Article

Fed’s program for loaning to Main Street off to slow start

June 30, 2020 The Associated Press

WASHINGTON, D.C. — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He’s making money through food delivery and pickup and wants […]

Business

Fed moves to ensure companies can tap bond market for funds

June 16, 2020 Christopher Rugaber, Associated Press

WASHINGTON, D.C. — The Federal Reserve said Monday that it will begin purchasing corporate bonds as part of a previously announced plan to ensure companies can borrow through the bond market during the pandemic. The […]

News

Virus-sapped bus lines see road to ruin without federal help

May 23, 2020 Patrick Whittle, Associated Press

LEWISTON, Maine — The nation’s 3,000 or so private bus lines — and the millions of people who rely on them for cheap, basic travel — fret that they’ll go under without the same kind […]

Article

Agriculture sector sees more federal dollars to survive

May 13, 2020 A.P. Dillon

RALEIGH — Between food purchase programs and small business loans, agricultural businesses will be getting additional help to navigate and survive the impact of COVID-19. Earlier this month, U.S. Secretary of Agriculture Sonny Perdue detailed […]

Posts pagination

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