Industry News – April 15, 2021

U.S. Small Business Closures are Ticking Back Toward Covid Pandemic Highs The report, which surveyed over 35,000 small and medium-size businesses across the world, found that 22% of U.S. small businesses were closed in February. Those figures were up from October’s...

Industry News – April 8, 2021

Small Business Owners Worries are Shifting from COVID to Inflation With 62% of small businesses now fully open, there are new sets of concerns for small business owners. Over the past two months, concern about the cost of supplies has climbed. An increasing percentage...

Industry News – April 1, 2021

President Biden Signs PPP Extension Making the New Deadline May 31 On Tuesday, President Biden signed an extension that would allow businesses to continue to apply for PPP funding until May 31. The original deadline was March 31. The law also extends authorization of...

Industry News – March 25, 2021

With Small CDFI Loan, Colville Entrepreneur Keeps Businesses Afloat Roxanne Best kept three businesses – photography, paddle-board yoga and teaching workshops – afloat last summer with a $5,000 COVID-related “business mercy” loan through the Northwest Native...

Industry News – March 18, 2021

Treasury Launches $9B Effort to Reach Business Owners of Color Through CDFIs, MDIs The Emergency Capital Investment Program (ECIP) is an initiative meant to funnel pandemic relief to nonwhite-owned businesses and low-income consumers through loans, grants and...

Industry News – March 11, 2021

The Latest NFIB Survey Shows Small Businesses Continued Hiring in February Job growth continued in February. Firms increased employment by 0.34 workers per firm on average over the past few months, following equally good readings in December and January. Some parts of...