payroll protection program

Business
Economy
Health & Safety

Restaurants Continue To Struggle, Even With Federal Loans

4:33pm May 07, 2020

Small businesses across North Carolina have applied for federal loans to help stay open during the coronavirus pandemic.

Banks reported struggling to get through to the Small Business Administration on Monday to enter loan application information to the newly replenished small business relief program.

National

Small Business Loans Site Crashes On First Day Of Reopening

2:47pm April 27, 2020

by Danielle Kurtzleben

Bankers tell NPR that the SBA's portal wouldn't allow them to enter the loan application information that is needed to access the PPP program.

Companies receiving the Payroll Protection Program loans include the Potbelly restaurant chain, which got $10 million.

Politics & Government

Some Not-So-Small Companies Are Getting Small-Business Loans Under PPP

3:33pm April 21, 2020

by Jim Zarroli

The government's $349 billion Paycheck Protection Program had to be thrown together quickly, and the criteria for which companies can receive benefits were kept loose.