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Small Business

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Grants have helped many businesses affected by the pandemic. Between the federal government, state programs and private organizations, small-business owners have received billions in funding they won’t need to repay.

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WASHINGTON (AP) — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort to help boost the economic recovery from the coronavirus for small businesses and disadvantaged business owners.

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SANTA FE, N.M. (AP) — New Mexico state finance authorities have said that demand appears to be building for minimum-interest loans aimed at helping small businesses that lost income or experienced major disruptions during the coronavirus pandemic.

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WASHINGTON (AP) — President Joe Biden wants to wrap up infrastructure negotiations soon with Senate Republicans and is looking ahead to June action in the House after finding their idea of tapping leftover COVID-19 relief funds to pay for the investment unworkable, a White House adviser said Friday.

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After more than a year of navigating lockdowns, mandates and COVID-19 protocols, small-business owners are starting to see a light at the end of the tunnel. But the debt many needed to take on to weather the pandemic still casts an ominous shadow.

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NEW YORK (AP) — Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan, and are even considering dumping their traditional banks altogether.

OMAHA, Neb. (AP) — Nebraska lawmakers approved a corporate income tax cut Friday designed to bring the rate closer to the one paid by small business owners, despite objections that the lost revenue could be used for other purposes.

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