Category: Small Business
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Small Business
Small Business
Paychex Partnering with Trio of FinTechs for PPP Loan Assistance
Several weeks ago, President Trump signed the CARES (Coronavirus Aid, Relief, and Economic Security) Act into law. This bill not only authorized direct payments to millions of American families but also included the Small Business Administration's (SBA) Paycheck Protection Program (PPP) intended to help small businesses and their employees. Famously, the initial $349 billion earmarked for PPP ran out in less than two weeks, with another $310 billion now being...
Small Business
Uber Introduces Courier Service in Select Markets, Putting Drivers to Work
Regardless of whether small businesses have been deemed "essential" or "non-essential" by their local governments, there's no doubt that their operations have been impacted. While some essential businesses have been making adjustments and even hiring more to meet demand, those in the non-essential category have had to get creative in hopes of producing revenue and keeping their employees paid. Speaking to that latter dilemma, this week Uber announced new courier...
Small Business
SBA Announces $349 Billion Paycheck Protection Program is Tapped Out
As part of the $2 trillion CARES (Coronavirus Aid, Relief, and Economic Security) Act passed by Congress and signed by the President, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) meant to help small business owners and their employees. These low-cost loans were not only meant to help businesses stay afloat at a time when local and state restrictions are asking non-essential businesses to shutter but also...
Small Business
OnDeck Now Accepting SBA Paycheck Protection Program Applications
When Congress voted to pass a more than $2 trillion dollar stimulus package meant to support the economy during the COVID-19 crisis, the element that stood out to most Americans was the $1,200 direct payments that would be sent to some taxpayers. However, for small business owners, it was the Paycheck Protection Program (PPP) that garnered the most interest. Unfortunately the program has seen a bit of a rocky start...
Small Business
GoDaddy Supporting GoFundMe's Small Business Relief Initiative with Donation, Widget
With the COVID-19 pandemic requiring most Americans to shelter in place, the majority of small businesses have seen severe impacts. In fact a recent survey found 87% of owners saying that their businesses have been hurt during this time, with 35% warning that they could be forced to close permanently if things didn't change within the next three months. Given the current situation, the popular crowdfunding site GoFundMe recently launched...
Small Business
87% of Small Businesses Say COVID-19 is Hurting Their Business
When turning on the news these days, you're likely to be hit with a barrage of numbers — from stats regarding the latest COVID-19 infections and deaths to the astounding unemployment figures. Although this data might not always be encouraging, it does help paint a picture of what's currently happening in our country. With that in mind, the finance site WalletHub recently conducted a survey of small business owners to...
Small Business
