Articles tagged as: paycheck protection program
December 23, 2020
New Federal COVID-19 Relief Bill To Help Hoosier Small Businesses
Three months ago, 1 in 5 Indiana small business owners said they would have to close over the next six months without additional aid.
Read MoreSeptember 2, 2020
1 In 5 Hoosier Small Business Could Close By November Without Another PPP Loan
The National Federation of Independent Business estimates more than 80 percent of small businesses that received a PPP loan have used all the money already in the most recent survey taken.
Read MoreJuly 23, 2020
Small Business Advocacy Group Asks Congress For Additional Help
More than 75,000 loans were issued to businesses and organizations in Indiana through the Paycheck Protection Program. The program's deadline is Aug. 8,
Read MoreJuly 10, 2020
Group Discusses Limited Transparency In Paycheck Protection Program Data
The Small Business Administration released national data on who received a Paycheck Protection Program (PPP) loan through June. But the lack of detailed information included for smaller loans limits the ability to hold those businesses and organizations accountable.
Read MoreJuly 6, 2020
Small Business Administration Releases Data On Paycheck Protection Program Loans
The Small Business Administration released data Monday on companies and other groups that received a loan through the Paycheck Protection Program (PPP).
Read MoreJune 30, 2020
Advocates Say PPP Loans Were Less Likely To Help Businesses Owned By People Of Color
The Paycheck Protection Program (PPP) created to help small businesses in response to the coronavirus was set to expire Tuesday. According to some advocates, most businesses owned by people of color did not get the chance to take full advantage of the program.
Read MoreMay 29, 2020
Is The Paycheck Protection Program Enough To Save Some Small Businesses From COVID-19?
Businesses in Indiana lost billions of dollars to the pandemic. Federal support helped, but for many small businesses, owners say it isn't nearly enough. With tight profit margins even before COVID-19, some are worried for the future of their businesses.
Read MoreMay 29, 2020
State Launches Grant Fund To Help Small Businesses That Didn't Secure PPP Money
The Small Business Restart Fund is supported by $30 million of federal CARES Act funding sent to Indiana.
Read MoreMay 26, 2020
U.S. Sen. Todd Young Visits Small Businesses, Advocates For Additional Lending Program
The RESTART Act proposes extending the time businesses have to use the PPP loan from eight to 16 weeks and creates a new lending program to be a bridge while businesses get back up and fully running.
Read MoreApril 24, 2020
Council Appropriates New Funding For Indianapolis Small Businesses
The Indianapolis City-County Council held an emergency meeting Friday and unanimously approved more funding for small business loans.
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