Multi-Billion Dollar Development Firm Comes To The Aid Of Mom And Pop Eatery In New RochelleIt's a recipe for small business success in a Westchester County city.
Coronavirus Impact: Survey Of 500 New York City Restaurants Reveals 83% Could Not Pay Full Rent In JulyMelba's in Harlem looked busy on Monday, and it was. But owner Melba Wilson said looks can be deceiving when it comes to profits right now.
Miami Man Ticketed For Not Wearing Mask Accused Of COVID-19 Relief Funds Fraud In The MillionsA Miami man is drawing worldwide attention after being arrested on charges he defrauded the federal government out of COVID-19 relief funds and spent some of the $4 million loan on a Lamborghini costing more than $300,000.
Report: Archdiocese Of New York Received $28 Million In Coronavirus AidThe money came from the taxpayer-funded Paycheck Protection Program.
U.S. Unemployment Claims Drop For 10th Straight Week; Expert Says Further Decline Hinged To CoronavirusDespite weekly unemployment claims being better than expected, 1.5 million more Americans applied for benefits last week.
Experts: Changes To Paycheck Protection Program Offer Relief To Businesses Wounded By Coronavirus ShutdownBusinesses are in the process of reopening this week, and while many are struggling, some are getting a new boost from federal dollars.
CBS2 Gets Clarification From SBA On What Lies Ahead For Local Businesses And Paycheck Protection ProgramHere's an update on a story CBS2 did recently on a local business owner who was struggling to get a much-needed loan from the Small Business Administration.
NJ Restaurant Owner Who Tapped Home Equity To Pay Employees' Health Insurance Back In Business After Receiving PPP LoanThe 30-year restaurateur is among the thousands of business owners who could not afford to stay open because of COVID-19.
'Where Are They Helping The Small Businesses?' Long Island Dress Shop Owner Seeks Financial Help To Keep Her Business AfloatPaula Evangelista is a dress shop owner on Long Island and is desperate need of a small business loan after the coronavirus wiped out her prom and wedding business she was banking on this spring.
Small Business Owners Pray They Aren't Forgotten During Round 2 Of Paycheck Protection ProgramThe House of Representatives is expected to approve the plan, which includes $310 billion for small businesses.
Coronavirus Relief Leaving Small Businesses Behind, 'Didn't Get A Fighting Chance' From Federal Paycheck Protection ProgramBanks say money set aside by Congress ran out within minutes, and as lawmakers look to put in more cash, business owners are hoping they won't be left out.
Shake Shack Gives Back $10 Million Small Business LoanThe burger chain says it found new funding and decided to "immediately return" the $10 million Paycheck Protection Program loan it obtained through the CARES Act.
Coronavirus Update: Small Business Owners Wait In Limbo As Paycheck Protection Program Runs Out Of MoneyThe Small Business Administration said the $349 billion program has already run dry and isn't accepting any more applicants.
Coronavirus Update: Small Business Owners Seek Loans From Paycheck Protection Program To Stay AliveSmall business owners in New Jersey may not be able to keep their businesses going without a loan from the government.