MADISON, Wis. (AP) — Gov. Tony Evers vetoed a package of Republican-authored bills on Thursday that would have directed how the state would spend $3.2 billion in federal COVID-19 relief money.
Evers also announced that up to $420 million of that money coming to the state would go toward a grant program targeting small businesses. One of the bills he vetoed would have directed $200 million toward small businesses, an amount Evers said “won't cut it for me.”
PROVIDENCE, R.I. (AP) — A Rhode Island man has been indicted in a scheme to fraudulently apply for unemployment funds and economic relief for small businesses amid the coronavirus pandemic.
Courtney Hilaire, 28, faces federal charges including conspiracy to commit wire fraud and aggravated identity theft, the Rhode Island U.S. attorney's said. An attorney for Hilaire declined to comment.
LANSING, Mich. (AP) — Gov. Gretchen Whitmer on Monday outlined her priorities for spending billions of dollars in federal coronavirus relief aid, saying the focus should be on long-lasting initiatives to help students and small businesses hurt by the pandemic.
Other priorities include upgrading neglected infrastructure, boosting public health funding, and making child care more affordable and accessible.
DAVENPORT, Fla. (AP) — A Florida couple accused of COVID relief fraud filed dozens of false loan applications that totaled nearly $6 million, prosecutors said.
Julio Lugo, 44, and Rosenide Venant, 37, used some of the $5.8 million to pay off a luxury vehicle, and spent over $62,000 at casinos, according to the U.S. Attorney's Office for the Middle District of Florida.
TAMPA, Fla. (AP) — A Florida couple tried to obtain more than $5.8 million in coronavirus relief funds by filing false loan applications, federal prosecutors said.
WASHINGTON (AP) — The Senate passed a bill 92-7 on Thursday to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program, giving applicants two more months to apply for federal aid.
The bill had already passed the House, so it now goes to President Joe Biden’s desk to be signed into law. Congress started the loan program last year to help businesses survive the COVID-19 pandemic.
NEW YORK (AP) — The new head of the Small Business Administration says she expects to make changes at the agency that she says will enable it to further help small companies devastated by the COVID-19 pandemic.
In an interview with The Associated Press on Friday, two days after she was sworn in, Isabella Casillas Guzman said her immediate focus is implementing the small business provisions in the $1.9 trillion coronavirus rescue package President Joseph Biden signed into law last week.
SANTA FE, N.M. (AP) — As New Mexico's annual legislative session came to a close Saturday, legislators charted an economic exit from the COVID-19 pandemic and checked off progressive priorities on policing reforms, abortion rights, medical aid in dying and child poverty.
In the final hours of a 60-day session, legislators ramped up state tax breaks for working families — a finishing touch on a broad package of economic relief measures.
PHOENIX (AP) — The U.S. Small Business Administration has announced that small non-farm businesses in all 15 counties in Arizona may apply for low-interest federal disaster loans to offset economic losses from drought.
Eligibility includes businesses directly affected by the disaster as well as businesses dependent on farmers and ranches that have suffered agricultural production losses caused by the disaster that began Jan. 1, the agency's regional disaster field operations center said Friday.
ALBUQUERQUE, N.M. (AP) — Gov. Michelle Lujan Grisham and Democratic members of the state’s congressional delegation on Wednesday pointed to the estimated $9 billion that New Mexico is expected to receive from the massive federal pandemic relief package as an unprecedented opportunity to lift the state out of poverty.
CONCORD, N.H. (AP) — Looking beyond the pending coronavirus relief package, some town managers in New Hampshire worry about the future of small businesses, infrastructure projects and making sure older adults are taken care of.
SIOUX FALLS, S.D. (AP) — More than $23.5 million in COVID-19 relief funds was split up among 25 applicants for the first two rounds of the South Dakota small business grant program, leaving some proprietors to question the process.
WASHINGTON (AP) — Emergency loans made to small businesses during the coronavirus pandemic have been added to a list of government programs considered at high risk of waste, fraud or mismanagement.
CHARLOTTE, N.C. (AP) — A North Carolina woman who lied to get a coronavirus relief loan spent the money on shopping excursions to Nieman Marcus, Nordstrom, Louis Vuitton and diamond stores, federal prosecutors said.
A bill essentially legalizing recreational use of cannabis in Maryland would be an important step toward addressing social equity and racial injustices, advocates said.
“This is the year we are talking about equity,” Del. Jazz Lewis, D-Prince George’s, sponsor of the bill, said at a Wednesday House Judiciary Committee hearing Capital News Service viewed. “And now is the time that we pass this bill.”
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed a $7.6 billion coronavirus relief package on Tuesday that will give at least $600 one-time payments to 5.7 million people while setting aside more than $2 billion in grants for struggling small businesses.
WASHINGTON (AP) — President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of color.
SACRAMENTO, Calif. (AP) — Millions of low-income Californians would receive $600 checks under a $9.6 billion coronavirus aid package announced by Gov. Gavin Newsom and legislative leaders.
The plan announced Wednesday would cut checks to about 5.7 million people who earn less than $30,000 per year, as well as some immigrants living in the country illegally who were excluded from federal COVID-19 relief payments made during the Trump administration.
PHOENIX (AP) — The Arizona attorney general has ruled that Republican Gov. Doug Ducey did not violate state law when he encouraged small business owners to vote no on a ballot measure calling for a tax surcharge on high-earners to boost education funding.
TRENTON, N.J. (AP) — New Jersey businesses with 100 or fewer workers can get a 65% discount on personal protective equipment starting Tuesday through a state development authority program.
The New Jersey Economic Development Authority said in a statement that state-based companies with 100 or fewer employees can get the equipment at reduced cost by applying online at ppe.covid19.nj.gov.
LANSING, Mich. (AP) — Michigan small businesses, agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations damaged by excessive rain Sept. 30 can apply for federal loans.
The low-interest Economic Injury Disaster Loans are available in Alger, Cheboygan, Chippewa, Emmet, Luce, Mackinac and Schoolcraft counties, the U.S. Small Business Administration said.
MADISON, Wis. (AP) — Gov. Tony Evers will propose more than $329 million in new economic development initiatives as part of his state budget proposal on Tuesday, including a new $100 million venture capital fund to help startups and $200 million to assist small businesses hurt by the coronavirus pandemic.
SANTA FE, N.M. (AP) — The New Mexico Senate pressed forward Wednesday with pandemic-related financial relief measures, including minimal-interest loans to small businesses that have been battered by the virus and emergency health restrictions.
The Democrat-led chamber overwhelmingly approved a trio of bills that also would offer tax breaks for restaurants and a temporary waiver on liquor license fees.
CARSON CITY, Nev. (AP) — Nevada lawmakers on Monday unanimously approved spending plans for $633 million-worth of coronavirus relief funds passed in 2020 and sent to states by the federal government, funneling money to renters, schools and small businesses adversely affected by the pandemic.
TAMPA, Fla. (AP) — Lennise Germany’s personal and professional lives were twisted, tangled and turned upside down in a matter of minutes last year.
Germany was sitting in a hospital room with her husband and their 12-year-old son when she got an email that forced her small catering company to temporarily close its doors because of the coronavirus pandemic. What should have been gut-wrenching news barely caused Germany to flinch because doctors had just diagnosed her son with cancer.
WASHINGTON (AP) — The Biden administration promised Black business executives on Friday that it planned to make sure that the government's economic support programs were able to reach minority-owned businesses.
Scores of Roman Catholic dioceses in the U.S. had more than $10 billion in cash and other readily available funds when they received at least $1.5 billion from the nation’s emergency relief program for small businesses slammed by the coronavirus, an Associated Press investigation has found.
Taxpayer-backed aid from the Paycheck Protection Program was supposed to help recipients that lacked the kind of financial safety net that cash and short-term assets provide.
When the coronavirus forced churches to close their doors and give up Sunday collections, the Roman Catholic Diocese of Charlotte turned to the federal government’s signature small business relief program for more than $8 million.
SANTA FE, N.M. (AP) — New Mexico's governor is urging legislators to approve increased spending on public schools, health care and aid to small businesses in her annual State of the State address.
Gov. Michelle Lujan Grisham announced new details of her economic relief platform Tuesday and touted state achievements in coronavirus testing. She also set a Feb. 8 deadline for allowing school districts to reopen classrooms to students of all ages.
BOSTON (AP) — The owner of a company that provided payroll and payroll tax services to many small businesses in New England has agreed to plead guilty to embezzling more than $1 million from her clients, many of them already struggling because of the coronavirus pandemic, federal prosecutors said Monday.
Patricia Lindau, 65, of Newburgh, Maine, will plead guilty at a date to be determined to wire fraud and tax evasion, according to a statement from the U.S. attorney's office in Massachusetts.
NEW YORK (AP) — For Nancy Sinoway, a second coronavirus relief loan would increase the chances that her dressmaking business will survive.
“I could use it for marketing, for new samples. I could use it as a lifeline,” says Sinoway, who designs and makes dresses for occasions like weddings and proms. She was flooded with order cancellations starting in early March as the virus spread and large gatherings and events were abandoned.
WASHINGTON (AP) — The $900 billion economic relief package that President Donald Trump signed over the weekend will deliver vital aid to millions of struggling households and businesses. Yet his nearly one-week delay in signing the bill means that it will take that much longer for the financial support to arrive.
NEW YORK (AP) — Clay Reynolds is starting to make peace with a gut-wrenching reality: He may have to once again close his business, Arrichion Hot Yoga and Circuit Training.
Nashville, Tennessee - ( NewMediaWire ) - December 20, 2020 - Consumer-Guardian.org announces the release of the report "Best Franchises To Own.”
Continue reading to find out more about the top 12 franchises to own. Skip ahead to the pricing comparison for the top franchises.
SACRAMENTO, Calif. (AP) — Companies affiliated with California Gov. Gavin Newsom received nearly $3 million in federal loans created to help small businesses survive the pandemic, more than eight times the amount originally reported, according to newly released information from the U.S. government.
WALPOLE, Maine (AP) — A Maine shellfish grower is receiving more than $600,000 from the federal government to increase its production of oysters.
The U.S. Department of Agriculture's National Institute of Food and Agriculture's Small Business Innovation Research Program is providing the money to Maine Shellfish Developers of Walpole. The business's website states that its model can “produce market size oysters year-round and insulated from major weather and environmental risks.”
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging.
Democrats were unconvinced, however, saying that Mnuchin’s actions are politically motivated and intended to remove tools that the Biden administration could use to support the economy.
KANSAS CITY, Kan. (AP) — A Lawrence, Kansas, engineering firm and its two top officials will pay $672,352 to settle allegations that the company submitted false claims to obtain grant federal grant funds, the U.S. attorney's office said Monday.
KalScott Engineering, Inc. and its president, Thomas Sherwood, and Vice President Suman Saripalli were accused of wrongfully obtaining funds from the Small Business Innovation Research and Small Business Technology Transfer programs.
NEW YORK (AP) — Promising news about a coronavirus vaccine has small business owners feeling more upbeat despite cases of the virus surging in many parts of the U.S.
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
Mnuchin said the programs were not being heavily utilized and Congress can make better use of the money by re-allocating it toward small-business grants and extended unemployment assistance.
WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local):
Senate Majority Leader Mitch McConnell is proposing that Congress funnel $455 billion of unspent small business lending funds toward a new COVID-19 aid package.
NEW YORK (AP) — When Chris Hyland caught the coronavirus, his ordeal went beyond being sick and exhausted — he couldn’t help his business partners manage the virus’s impact on their company just as the outbreak was sweeping across the world.
Hyland and his wife and children became ill in early March. Customers were cutting back orders at his employee management software business, The Happiness Index. Revenue was plunging and the London-based company was forced to furlough 12 of 20 staffers.
NEW YORK (AP) — When asked about Google, Bryan Clayton voices a familiar lament among small business owners.
“You keep getting squeezed further and further down the search results page,” says Clayton, CEO of GreenPal, a company that operates an app to help homeowners find lawn care. “As a startup, you don’t have a million-dollar advertising budget.”
PROVIDENCE, R.I. (AP) — A Rhode Island man currently serving federal supervised release for robbing four banks admitted to fraudulently seeking over $4.7 million in Paycheck Protection Program forgivable loans.
CHARLOTTE, N.C. (AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system.
NEW YORK (AP) — There’s little evidence of Americans’ passion for fitness at the tens of thousands of small and independent gyms around the country.
Gyms, health clubs and workout studios began reopening in late spring following government-ordered shutdowns aimed at halting the coronavirus spread. But most are only allowed to have a fraction of their regular clientele onsite at one time. And some clients are staying away for fear of catching the virus.
U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that's expected to claim even more lives.
SAN FRANCISCO (AP) — The modest cash grant Iguehi James received from the Oakland African American Chamber of Commerce helped the clothing designer defray costs, including surge prices on elastic and fabric that jumped dramatically due to the pandemic.
The application process was simple and she qualified for a $5,000 “resiliency” grant, despite being a solo practitioner with no employees or storefront.
TOKYO (AP) — Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy.
Despite signs of a global economic rebound in the third quarter, worries remain the upturn may be running out of steam.