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Tag Archives: Paycheck Protection Program

Saved by online lenders in pandemic, small businesses say they’ll borrow again (access required)

Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan, and are even considering dumping their traditional banks altogether.

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Minority, woman-owned businesses allege federal loan bias (access required)

U.S. District Court Greenbelt

The federal government intentionally discriminated against minority- and woman-owned businesses in its recent distribution of nearly $350 billion in loans to save small companies desperate to survive amid the United States’ pandemic-induced economic freefall, struggling Maryland businesses allege in a ...

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