Bipartisan Duo Tries to Create Opening for Broader Small Business Coronavirus-Relief Program
Senators Todd Young (R-IN), and Michael Bennet (D-CO), have teamed up to propose small businesses aid that takes a more targeted approach under consideration.
Source: CNN
What Small Business Owners Want From the Next Coronavirus Bill
Business owners who are strapped for cash want business expenses covered by PPP to be deductible on their taxes. Without deductibility of PPP-covered expenses, business owners will face higher taxes.
Source: CNBC
How Will Minority-Owned Businesses Fare in CARES 4.0?
In a Senate hearing last Thursday, lawmakers sought more details on why minority-owned businesses benefited less from the last round of stimulus contained in the Coronavirus Aid, Relief and Economic Security Act and what can be done differently.
Source: Marketplace
SBA Looks to Tighten up Certification Process for Women-Owned Small Businesses
Since last Wednesday, business owners have been able to submit their applications through the online platform, but SBA will only begin issuing decisions on those submitted applications on Oct. 15, the last day of the self-certification process.
Source: Federal News Network
Native-owned Business Group Provides Kinship Lending Through Pandemic
The Kinship Lending program is run by Change Labs, a Tuba City, Arizona-based business incubator. They help new Navajo and Hopi businesses grow by providing training, funding, and other resources.
Source: KSUT
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