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13 May 2020, 9:02 pm by Guest Contributor
Congress needs to create small-business exceptions to the myriad of rules and regulations imposed on large packers, and extend them to small local butchers, to make it easier for them to stay in business, and for more processors to enter the market. [read post]
13 May 2020, 9:45 am by Elliot Setzer
Speaker Nancy Pelosi and House Democrats are planning to hold a Friday vote on a $3 trillion package to respond to the COVID-19 pandemic, despite protests from progressives that the bill doesn’t include a “paycheck guarantee” for small-business payrolls, according to Politico. [read post]
13 May 2020, 7:00 am by Kevin Schmidt
Small Business Administration for purportedly illegally rebuffing public records requests regarding its Paycheck Protection Program, telling a D.C. federal court Tuesday the SBA has "no basis" to withhold the information sought.Those publications, along with investigative nonprofit ProPublica and Wall Street Journal parent company Dow Jones, said in their complaint that they've all requested SBA records that would identify and provide basic… [read post]
12 May 2020, 8:10 am by Amy Starnes
They may not have (audio) — A new report from the Small Business Administration’s inspector general found that businesses owned by people of color may not have received loans as intended under the Paycheck Protection Program. [read post]
11 May 2020, 2:13 pm by Elliot Setzer
The event will feature Denis McDonough, former White House chief of staff; Susan Landau, professor in cybersecurity and policy at Tufts University’s Fletcher School; Edward Felten, former deputy U.S. chief technology officer; Avril Haines, lecturer in Law at Columbia Law School and former principal deputy national security advisor; Harlan Yu, executive director of Upturn; Jim Baker, director of National Security and Cybersecurity at the R Street Institute and former general counsel of… [read post]
11 May 2020, 7:00 am by Kevin Kaufman
This would impact not only the large number of small business owners operating vape shops around the state but also convenience stores and gas stations relying heavily on vapers as well as tobacco sales. [read post]
11 May 2020, 1:55 am by Kevin Kaufman
As time passes, more businesses will fail, meaning fewer jobs to which those currently furloughed or laid off can return. [read post]
On May 5, 2020—a mere two days before the close of the “safe harbor” period established by the Small Business Administration (SBA) for borrowers to return Paycheck Protection Program (PPP) loans if recipients did not believe they could make the economic need certification in good faith—Treasury and the SBA have updated their FAQ document with key changes. [read post]
8 May 2020, 3:00 am by Jim Sedor
But the Paycheck Protection Program, the centerpiece of the small business rescue program, excluded such organizations. [read post]
7 May 2020, 9:05 pm by Lynn McDonough
Senate resumed in-person business this week, the U.S. [read post]
7 May 2020, 7:41 am
Department of the Treasury to create the PPP through the Small Business Administration’s (SBA) 7(a) lending program.2 The loan forgiveness aspect allows employers to obtain business-saving funds without simply “kicking the can down the road” to face debt obligations in a financially uncertain future. [read post]
7 May 2020, 2:55 am by Kevin Kaufman
Phase 4 relief is an opportunity to extend the relief provided for other businesses to startups and newer small firms while limiting the penalties imposed on losses in the tax code. [read post]
6 May 2020, 3:03 pm by Kevin LaCroix
  On March 27, 2020, Congress passed the CARES Act, which included provisions authorizing the Small Business Administration to guarantee a total of $349 billion in forgivable loans to small business. [read post]
6 May 2020, 1:13 pm by Barbara Lichman
The most advanced VTOL to date is a U.S. based technology anticipated to become available for commercial use in 2023. [read post]
Small Business Administration (SBA) took the initial position that a PPP loan must meet the same requirements, and a loan cannot meet this standard if the borrower is a debtor in a bankruptcy case. [read post]
5 May 2020, 7:28 am by Kevin Kaufman
First, the scale of the tax increase is rather small relative to the size of the fiscal response to the crisis. [read post]