Displaying items by tag: small business
BATTLE CREEK — A grant fund started in the wake of the coronavirus pandemic has expanded to $600,000 and will cover more businesses in the Battle Creek area.
The second round of the U.S. Small Business Administration’s Paycheck Protection Program has seen more loans approved for lesser amounts, an indication that smaller businesses are getting assistance.
The U.S. Small Business Administration in less than a week approved more than 60,000 loans totaling $5.56 billion under the Paycheck Protection Program for Michigan small businesses affected by the COVID-19 pandemic.
Nearly 200 small businesses in West Michigan that are struggling to survive through the COVID-19 pandemic will receive grant support from the state’s Michigan Small Business Relief Program.
The sheer volume of small businesses that have sought federal relief loans illustrates the depth and scope of the economic pain brought on by the COVID-19 pandemic.
The U.S. Small Business Administration intends to resume taking loan applications Monday for another round of the Paycheck Protection Program.
As the owner of longtime downtown Grand Haven retailer Down To Earth, Sholeh Veiseh has turned to hosting virtual fashion shows and offering sales on social media to bring in some revenue during the coronavirus closure.
Nearly nine in 10 Michigan retailers say their sales declined in March, and about three-quarters expect further decreases over the next three months.
The foundation for the Grand Rapids Area Chamber of Commerce wants to raise another $2 million for an emergency relief fund for small businesses affected by closures from the COVID-19 pandemic.
When looking to get Michigan back to business, the state must answer a variety of questions to assess the risk, according to Gov. Gretchen Whitmer.