Small Business News

Online Lender Kabbage Among Largest PPP Loan Processors

For the past couple of months, the biggest story in the world of small business has been the SBA's Paycheck Protection Program (PPP). This of course includes the program's successes, failures, and controversies as well as the banks and other lenders who have stepped up to help their clients claim...

Paycheck Protection Program Flexibility Act Adjusts Popular Program

As businesses across the country slowly begin to reopen their doors, those entrepreneurs who took out Paycheck Protection Program (PPP) loans are getting some new updates. For the unfamiliar, the initiative was initially introduced as part of the better known CARES Act and brought $349 billion in loans to small businesses....

Are Small Businesses Financially Ready to Reopen?

Following weeks of mandatory shelter-in-place orders that forced the closure of many "non-essential" businesses across the country, phased reopenings have begun in several states and cities. That may sound like great news for small business owners who have been unable to operate for months. However, the financial realities of reopening...

Survey Finds Two-Thirds of Teens Interested in Entrepreneurship 2

Could the coronavirus pandemic and the economic hardships that have come with it serve to discourage future business owners? According to a recent survey conducted by Junior Achievement USA and the Brian Hamilton Foundation, maybe not. The latest survey sought to discover what students aged 13 to 17 thought about entrepreneurship....

SBA Unveils PPP Loan Forgiveness Application for Borrowers

Ever since the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed in March of this year, the Paycheck Protection Program (PPP) has proven to be a source of both hope and frustration for small business owners. Despite some lenders reportedly delaying the opening of their application processes...

Instagram Adds New Feature to Support Small Businesses

With social media becoming an even larger source of communication amid the current pandemic, one top app is continuing to introduce new ways for small businesses to reach their customers — and vice versa. As Adweek reports, Instagram recently announced a new feature that will allow customers to highlight their...

Survey Reveals What Consumers Look for in a "Go-To" Small Business 2

With some cities and states beginning to ease restrictions on non-essential businesses, service providers are now hoping that their regulars will soon return. Of course, this begs the question: how do consumers decide which small businesses should become their "go-tos" in the first place? That's what a recent survey by...

Goldman Sachs Survey Shows COVID-19's Impact on Small Businesses 2

Even as some areas of United States are looking for ways to begin reopening businesses amid the coronavirus pandemic, many American small businesses are still struggling and are uncertain of what's ahead. Now the situation has been quantified in a new survey from Goldman Sachs that highlights some of the...