PPP Loans
Lawmakers Look To Extend PPP Through May USA Today (3/12, King) reported the Paycheck Protection Program “will stop taking applications March 31” despite “a backlog of requests that have been unable to move quickly through the system and might not be processed in time,” so lawmakers are “scrambling to...
Small Business Optimism
Continuing Coverage Of NFIB Small Business Optimism Index Bloomberg (3/9, Fanzeres) reported, “The National Federation of Independent Business index of sentiment increased by 0.8 point to 95.8, the group said” last Tuesday. NFIB Chief Economist Bill Dunkelberg was quoted saying, “Small-business owners worked hard in February to overcome unexpected...
PPP loans to small businesses under 20 employees
PPP To Offer Exclusive Loan Application Window To Businesses With 20 Or Fewer Employees The Hill (2/22, Chalfant) reported President Biden “will announce policy changes to the Paycheck Protection Program (PPP) aimed at targeting assistance to businesses that employ 20 or fewer workers and those that are minority-owned.” Biden...
Small Business
Small business optimism; Continuing Coverage Of Small Business Optimism Index Stephen Moore writes in The Hill (10/15) that NFIB “issued its monthly survey of its members’ hiring and expansion plans. It could hardly have been more bullish. Small-business confidence — a key vital sign of economic health — has...