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Date/Time | Title | Description |
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October 18, 2020 | Left for Dead?: Are Minority-Owned Businesses Getting the Covid Relief They Need? | The Office of the Inspector General (OIG) for the Small Business Administration (SBA) has not released an assessment on whether minority and other underserved businesses are getting the relief they ...Read more |
November 6, 2020 | The Small Business Association’s PPP Program Vulnerable to Fraud, GAO Warns as Arrests Roll In | A new report from the Government Accountability Office on June 25 found that in a rush to disburse funds, the Small Business Administration (SBA) allowed private lenders to “rely on borrower cert ...Read more |
November 27, 2020 | Advocacy Groups Sound the Alarm on Minority Business Survivability | A new report co-authored by two advocacy groups -- UnidosUS and Color of Change -- examines the results of federal efforts to bail out struggling minority-owned small businesses and minority worker ...Read more |
August 14, 2020 | August to Test Limits of Renters, Small Business Landlords | As the rental crisis worsens and the coronavirus rages -- and federal unemployment checks phased out -- renting workers and small business landlords are both finding themselves without income or fe ...Read more |
December 4, 2020 | Congress Weighs Watered-Down Stimulus, as New PPP Failures Revealed | This week, new flaws in the Payment Protection Program (PPP) have come to light thanks to a lawsuit forcing the Small Business Administration (SBA) to release troves of data on the program. Meanwhi ...Read more |
December 18, 2020 | One in Six US Restaurants Have Closed Down — Moms-and-Pops Suffer Much Worse than Chains | The US restaurant industry is undergoing an earthquake. Rather than small restaurants surviving through a hibernation (or a partial hibernation) during corona — backed by unprecedented amounts of ...Read more |
December 21, 2020 | What Your Small Business Needs to Know About the New Stimulus Package | Congress is poised to pass a 5,593-page economic stimulus bill. As Contractor News continues to examine the massive document, we wanted to present some highlights from the bill pertaining to small ...Read more |
December 24, 2020 | Minority Businesses Stand to Benefit From New PPP Rules, Pilot Program | In addition to earmarks meant to help minority businesses secure forgivable loans, new legislation passed by Congress creates a pilot program to help foster small businesses owners around historica ...Read more |
December 28, 2020 | New Stimulus: A Shot in the Arm for Public Works Contractors | Meanwhile, the omnibus, which funds the government through September, is giving more money this year than last to the Department of Transportation, Federal Railroad Administration, and the Federal ...Read more |
February 1, 2021 | Commercial Construction Will Take a Hit in 2021 | While single-family residential home construction is expected to rise modestly in 2021, other major construction sectors in the commercial sphere like retail, hotels, sports centers and restaurants ...Read more |