Displaying items by tag: small business
Virtual shift rescues industrial training company from pandemic shutdowns
GRAND RAPIDS— Safety training company TrainMOR saw business come to a screeching halt last spring when the COVID-19 pandemic caused major disruptions to the general industrial clients that it serves.
PPP loan changes meant to benefit small, minority-owned businesses
The Biden administration on Monday announced a series of changes to the Paycheck Protection Program that are aimed at improving access to federal COVID-19 relief loans for small and minority-owned businesses.
Matthew Baas assembles growing number of deals for ‘Main Street’ companies
Max Friar, managing partner at Grand Rapids-based M&A firm Calder Capital LLC, routinely found his company passing on potential clients because of the size of their businesses.
America’s Bride owner reflects on expanding business, acquiring Bridal Gallery
Working in the wedding industry during the COVID-19 pandemic and widespread restrictions on large gatherings has been stressful for Jennifer Elenbaas.
Applying for COVID-19 aid a rocky process for some restaurant, bar owners
Tami VandenBerg successfully applied for the first round of federal Paycheck Protection Program loans for her small businesses in 2020.
Recruiting firm helps companies find talent under pandemic variables
KALAMAZOO — As she connected with businesses during the COVID-19 pandemic, long-time professional recruiter Sheri Welsh noticed that HR departments were becoming largely depleted as the economic slowdown decimated many industries.
SBA simplifies PPP loan forgiveness process
As clients began reaching out in recent weeks to gather documents and apply for forgiveness of their federal Paycheck Protection Program loans from last year, executives at Level One Bank urged them to wait.
New Family Business Alliance leader discusses ongoing research, priorities
Robin Burns took over as head of the Grand Rapids-based Family Business Alliance in November after nearly 12 years as marketing director at the Rhoades McKee law firm in Grand Rapids. The FBA was created in 2006 as a partnership with the Grand Rapids Area Chamber of Commerce and Grand Valley State University and later reorganized as a 501(c)(6) nonprofit. With more than 150 member companies, the FBA’s mission is to ensure family-owned businesses in the region are passed down to future generations. Burns spoke with MiBiz about what’s next for the organization.
Michigan small businesses approved for more than $1.5B in loans under new PPP round
Michigan small businesses were approved for more than $1.5 billion in federal loans during the first two weeks of the new Paycheck Protection Program the U.S. Small Business Administration launched earlier this month.
More flexibility comes with latest round of PPP loans
The new round of federal Paycheck Protection Program loans includes a number of changes from the prior funding intended to aid small businesses hurting from the COVID-19 pandemic.