The federal government’s Paycheck Protection Program concluded, but as businesses recover, they may find a continued need for affordable financing.

Tagged with: Covid loans PPP small business administration

Welcome to Monday, the 37th anniversary of Democratic presidential nominee Walter Mondale’s selection of Geraldine Ferraro as his running mate, marking the first time a woman’s name was on a major party’s presidential ticket. Here are some news items to ...

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A Hagerstown small-business owner hammered by the pandemic-related store closures can reapply for an emergency federal loan after a U.S. agency eased its rule against extending loans to convicted felons on parole, a federal judge has ruled. U.S. District Judge ...

Tagged with: CARES Act criminal history federal loans PPP small business administration

The U.S. Small Business Administration lawfully rejected Tradeways Ltd.’s request for a paycheck protection loan because the Annapolis-based defense company’s owner is seeking bankruptcy protection, a federal judge ruled Wednesday. U.S. District Judge Ellen L. Hollander called the SBA’s prohibition ...

Tagged with: Bankruptcy Maryland business COVID-19 maryland courts covid-19 PPP Tradeways

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 ...

Tagged with: equal protection Frost Law gender bias Paycheck Protection Program PPP racial bias sba small business administration