Latest Small business financing News

FILE - In this July 12, 2017 file photo, former state Rep. John Schroder, R-Covington, speaks after completing his paperwork to run for state treasurer, in Baton Rouge, La. Louisiana's State Treasurer Schroder says some small businesses harmed by the coronavirus pandemic should start seeing grants from a $300 million federally financed program as soon as next month. The money is part of $1.8 billion in direct congressional relief that Louisiana received to respond to COVID-19. Schroder told lawmakers Monday, June 22, 2020, that he hopes to have distributed all of the aid over a few months.  (AP Photo/Melinda Deslatte, File)

Louisiana businesses can apply for virus grants on July 28

Jul. 1, 2020 6:20 PM EDT

BATON ROUGE, La. (AP) — Louisiana will start accepting applications July 28 from small businesses seeking up to $15,000 grants to help with coronavirus expenses, Treasurer John Schroder announced Wednesday. The Republican state treasurer said he will use three contractors to help run the website portal for...

Vermont to begin campaign to encourage mask-wearing

Jul. 1, 2020 2:17 PM EDT

The state of Vermont is set to begin a campaign to encourage people to wear masks to help reduce the spread of the virus that causes COVID-19, Gov. Phil Scott said Wednesday. The governor said the goal of the program is to get people in Vermont to wear masks willingly. In other parts of the country efforts to...

Hogan announces $190M in federal aid for COVID-19 relief

Jun. 30, 2020 4:28 PM EDT

ANNAPOLIS, Md. (AP) — Maryland Gov. Larry Hogan has outlined $190 million in federal COVID-19 relief for small businesses, higher education and nonprofit organizations. Hogan announced Tuesday that $45 million will be allocated to expand a program to help small businesses. It awards grants of up to...

Netflix invests $10M in Black-owned credit union in south

Jun. 30, 2020 1:49 PM EDT

JACKSON, Miss. (AP) — Netflix on Tuesday announced a $10 million investment in a Mississippi-based credit union to build economic opportunities in Black communities across the Deep South. The Netflix deposit is one of the first investments in the $100 million initiative by Hope Credit Union to make more...

FILE - In this Friday, June 26, 2020 file photo, Barber Mike McAndrew holds a mirror as customer Rob Verrastro looks at his new haircut at Three Saints Barbershop and Shave Parlor in Jessup, Pa. Restaurants, retailers and salons are desperately trying to stay afloat as the U.S. economy reopens in fits and starts after months in a coronavirus lockdown. But billions of dollars allocated by Congress as a lifeline to those very businesses are about to be left on the table when the government's Paycheck Protection Program stops accepting applications for loans Tuesday, June 29. (Christopher Dolan/The Times-Tribune via AP, File)

Billions of dollars in aid for small businesses go unclaimed

Jun. 29, 2020 3:13 PM EDT

NEW YORK (AP) — Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications for loans. Business owners and advocacy groups complain that the money in the Paycheck...

FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)

Trump administration to give Congress full virus loan data

Jun. 26, 2020 8:23 PM EDT

WASHINGTON (AP) — After prodding from Democratic lawmakers, the Trump administration has agreed to give Congress — but not the public — complete data on the millions of small businesses that received loans from a $600 billion-plus coronavirus aid program. Senior administration officials told...

Fund created to help self-employed; fans allowed at NASCAR

Jun. 25, 2020 4:50 PM EDT

CONCORD, N.H. (AP) — A fund has been created to help sole proprietors in New Hampshire experiencing hardship during the coronavirus pandemic, Gov. Chris Sununu said Thursday. The Self Employment Livelihood Fund will offer amounts up to $50,000 to those mom-and-pop businesses that qualify. He said it's...

Democratic New Mexico state Rep. Javier Martinez, center, of Albuquerque, and Republican Rep. Gregg Schmedes, right, of Tijeras, converse Saturday, June 20, 2020, on the floor of the New Mexico House of Representatives in Santa Fe. The New Mexico Legislature met in a special session to address a gaping budget hole linked to the coronavirus and related economic upheaval. (AP Photo/Morgan Lee)

New Mexico lawmakers back mandatory police body cameras

Jun. 22, 2020 10:07 PM EDT

SANTA FE, N.M. (AP) — New Mexico's Legislature on Monday approved a proposal to make police body cameras mandatory for nearly all state and local law enforcement officers, sending the bill to supportive Democratic Gov. Michelle Lujan Grisham for final approval. The Democrat-led House of Representatives...

Republican U.S. Senate candidate John James speaks on Monday, June 22, 2020, at Weir Farms in Hanover Township, Mich. He resumed in-person campaign events after months of sticking with virtual events. (AP Photo/David Eggert)

James stops at farm to resume in-person campaign for Senate

Jun. 22, 2020 9:08 PM EDT

HANOVER TOWNSHIP, Mich. (AP) — U.S. Senate candidate John James began an in-person tour of Michigan Monday, despite the ongoing coronavirus pandemic, visiting a Jackson County farm to criticize what he called the over-regulation and over-taxation of farmers. The challenger to Democratic Sen. Gary Peters...

FILE - In this July 12, 2017 file photo, former state Rep. John Schroder, R-Covington, speaks after completing his paperwork to run for state treasurer, in Baton Rouge, La. Louisiana's State Treasurer Schroder says some small businesses harmed by the coronavirus pandemic should start seeing grants from a $300 million federally financed program as soon as next month. The money is part of $1.8 billion in direct congressional relief that Louisiana received to respond to COVID-19. Schroder told lawmakers Monday, June 22, 2020, that he hopes to have distributed all of the aid over a few months.  (AP Photo/Melinda Deslatte, File)

Treasurer: Louisiana business grant program to begin in July

Jun. 22, 2020 2:41 PM EDT

BATON ROUGE, La. (AP) — Some small businesses harmed by the coronavirus pandemic should start seeing grants from a $300 million federally financed program as soon as next month, Louisiana's state treasurer said Monday. The money is part of $1.8 billion in direct congressional relief that Louisiana...