Paycheck Protection Program Archives

VIDEO: Endangered Maine senator calls for focusing coronavirus relief on small businesses

July 3, 2020 zenger.news Comments Off

Employers with more than 300 employees might get kicked out of the Paycheck Protection Program, if one senator succeeds. During debate on the floor of the U.S. Senate, Sen. Susan Collins, R-Maine, called for decreasing the maximum number of people […]

Black Business Owners’ Ranks Collapse by 41% in U.S. Lockdowns

June 12, 2020 admin 0

The Covid-19 economic shutdown has hurt black-owned businesses the most across racial and ethnic groups in the U.S., with a devastating 41% decline in black-owned businesses, according to Bloomberg. U.S. Black Chambers (USBC) President Ron Busby released the following statement: “The […]

New Coalition Calls for Prioritization of Underserved and Rural Small Businesses in Coronavirus Response

May 8, 2020 admin 0

BY U.S. Black Chambers Inc The U.S. Black Chambers (USBC) is a founding member of a new coalition created to advocate for prioritized CARES Act funding for underserved small business owners.The Page 30 Coalition is named in recognition of Page […]

Without More Help, Black-Owned Businesses Might Not Survive the Pandemic

May 6, 2020 admin 0

By Eugene Cornelius Jr. (TriceEdneyWire.com) – Black communities in the United States not only represent a disproportionate share of casualties from coronavirus, but they have also been deeply affected by the economic impact of the disease. Longstanding racial discrimination in economic and housing policy […]