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The Latest Breaking News from SBA

Senate to test waters on money for restaurants, small businesses - Roll Call

The proposal includes $40 billion to backfill the so-called Restaurant Revitalization Fund for applicants who didn't receive any grant money.

Roll Call

Business owners waited years for COVID-19 loans—and now it’s too late

Jaja Chen and her husband Devin Li were elated when they signed a lease for their new bubble tea shop, Cha Community. Both Asian-American immigrants (her from Taiwan, him from China), they said it was a struggle to find authentic Asian food in their new home of Waco, Texas. So…

Tribune News Service

The Restaurant Industry Doesn't Need Another Bailout

The Restaurant Revitalization Fund Replenishment Act would give restaurants another $42 billion in grants to cover the lingering costs of the pandemic.

Reason

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Rubio seeks answers from SBA on PPP forgiveness after McClatchy series on unforgiven loans

Following a series of stories by the Miami Herald addressing the backlog of unforgiven Paycheck Protection Program loans and the disproportionate impact of this backlog on minority communities, Florida Sen. Marco Rubio has called on the director of the U.S. Small Business Administration to speed up the forgiveness process and…

McClatchy Washington Bureau

PPP loans were made to be forgiven. In heavily Black areas like South Florida, many aren’t

For Louine Raymonvil, the $105,000 Paycheck Protection Program loan his North Miami Beach security business received in June 2020 was a godsend.

McClatchy Washington Bureau

Russians have up to $213 billion stashed offshore in Swiss banks

Switzerland's secretive banks hold up to $213 billion of Russian wealth, the country's financial industry association estimates, as sanctions on Russia give a rare glimpse inside Swiss vaults.

Reuters

Dos años después, las microempresas aún esperan la condonación prometida del préstamo PPP

Después de que los cierres por COVID-19 dejaran sin trabajo a la peluquera de Miami, Vicki LeMaster, un amigo le recomendó que solicitara un préstamo del Programa de Protección de Pago de Cheques (PPP) a través del prestamista en línea Kabbage.

McClatchy Washington Bureau

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Unforgiven: Two years later, small businesses still waiting promised PPP loan forgiveness

After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage.

McClatchy Washington Bureau

Former NYPD Union President Charged With Stealing Hundreds of Thousands of Dollars of Members' Dues

Ed Mullins, known for combatively defending bad police behavior and the drug war, charged with wire fraud by the Department of Justice.

Reason

SCRF Opens Registrations for Sharjah Children's Book Award

The Sharjah Children's Reading Festival (SCRF), organized by Sharjah Book Authority (SBA), has announced the opening of registrations for the Sharjah Children's Book Award and SCRF Visually Impaired Book Award.

Asharq Al-Awsat

Things to Do When Retired and Bored

Here are 13 ways to prepare now for retirement so that you’ll be happy, active, fulfilled and never, ever bored.

Kiplinger

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People

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