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Local Woman Finds Small Business Disaster Loan Was Taken Out in Her Name
Businesses are hurting because of the coronavirus pandemic. There have been billions of dollars in emergency and disaster loans given out by the Small Business Administration to help keep the lights on. It turns out some loans were taken out in the names of people who never applied.
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A Maine Farm No One Has Ever Heard of Received $1.2M PPP Loan
A Paycheck Protection Program loan for nearly $1.2 million issued to an organic farm operator allegedly located in western Maine has raised suspicion after a massive disclosure of federal records about the small business relief program. According to records released by the U.S. Small Business Administration, Common Ground Organic Farm LLC, based in Bridgton, received the loan. The records show…
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Administrator of US Small Business Administration Visits San Diego
The head of the United States Small Business Administration was in San Diego Friday where she visited three small businesses to discuss how effective federal loans proved to be. Jovita Carranza spoke with the owner of The Knotstop in Bankers Hill about how effective federal loans proved to be for his business and what he anticipates as he prepares for…
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Small Businesses Affected by Civil Unrest Can Apply for Federal Loans
Low-interest federal disaster loans are available to help San Diego small businesses affected by civil unrest that began on May 26.
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Millions of Coronavirus Relief Loans Given to Big-Name San Diego County Companies
NBC 7 Investigates’ Mari Payton looks at some of the largest companies that took PPP loans meant for small businesses.
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Million$ of Coronavirus Relief Loans Given to Big-Name Local Companies
San Diego County businesses received between $3.9 to $6.5 billion in loans through the federal government’s coronavirus disaster fund.
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Shut Out: Why Some Minority-Owned Businesses Can't Get Financial Help During COVID-19
Black business owners feel the city of San Diego is not operating on a level playing field, preventing them from receiving the funds to help them weather the COVID-19 storm
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Shut Out: Why Some Minority-Owned Businesses Can't Get Financial Help During COVID-19
Black business owners feel the city of San Diego is not operating on a level playing field, preventing them from receiving the funds to help them weather the COVID-19 storm, reports NBC 7 Investigates Mari Payton.
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Watchdogs: Treasury Too Secretive on Small Business Loans
The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program
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San Diego Small Businesses Receive Lifeline From Government
Some San Diego business owners have received lifelines from the Small Business Administration’s Payroll Protection Program.
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San Diego Small Businesses Receive Lifeline From Government
San Diego business owners receive loans from the Small Business Administration’s Payroll Protection Program, reports NBC 7’s Priya Sridhar.
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Smallest Businesses Get a Few Hours at Head of Loan Line
The smallest companies seeking coronavirus relief loans are moving to the head of the line
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Bank CEO Predicts Latest PPP Funding Will ‘Be Gone Within One Day'
The Federal Government has now set aside roughly $660 billion through two rounds of the Paycheck Protection Program, or PPP. The money is meant to help America’s small businesses reeling from the financial impacts of COVID-19. With an estimated 30 million small businesses across our country, it would mean roughly $2,200 per business if everyone got a slice of the…
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Small Business Relief Loans
NBC 7’s Steven Luke spoke with a bank CEO who predicts the latest PPP funding will be ‘gone within a day’.
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SBA Reports Data Breach in Disaster Loan Application Website
The Small Business Administration has reported it had a potential data breach last month in its website handling disaster loan applications
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Small Business Rescue Loan Program Hits Funding Limit, Is Now Out of Money
The Small Business Administration website reads that it is “unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP lenders at this time.”
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Read the Fine Print: Not All SBA Relief Loans Forgivable
You’ve probably heard a lot about the Payment Protection Program – a forgivable SBA loan paid for by the $2 trillion economic relief bill. But those loans aren’t always forgivable.
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SBA Loans Aren't Always Forgiveable
Small Business Administration loans are available for struggling business owners but Alexis Rivas shares the fine print of those loans.
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First Day of SBA Loan Rollout Frustrating: Local Small Businesses, SBA Lenders Say
To make sure that family has a job to come back to, Kleinman filed for a forgivable loan from the SBA on Friday – but he found more frustration than help
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Small Business Struggle
Friday is the day virtually every small business and mid-size company in America has been waiting for. NBC 7’s Alexis Rivas has more.