Money

Small Businesses Used Covid Bounce Back Loans To Invest

More than half of small businesses have used Covid Bounce Back loans to adapt and invest in their business By Daily Mail City & Finance Reporter Published: 7:01 p.m. EDT, April 4, 2021 | Update: 7:01 p.m. EDT, April 4, 2021 More than half of small businesses have used Covid …

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Small businesses in Kern adapt to survive pandemic | New

Great Change Brewing had only been open for about a year and was gaining momentum when the pandemic hit it and just about every other small business in Kern County. The Resnik Court baker had a business model focused on serving inside and selling restaurants to the table. Suddenly it …

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Klamath’s economy adapts to survive COVID | Local News

VSResponsiveness has been the name of the game for companies over the past year or so as they struggle to survive what has been billed as a temporary economic recession that would help save lives from a deadly virus. But now, more than a year after the COVID-related closures were …

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Creative ways to support your business if PPP has overtaken you

Some 72 percent of those who attempted to apply for a Paycheck Protection Program loan were successful in submitting their application. This left around 28% of small business owners on the outside, who tried unsuccessfully to apply for P3 loans. While the federal stimulus would likely have brought welcome relief …

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Norterra businesses fight pandemic, adapt

Some businesses in northern Phoenix have taken the brunt of the pandemic head-on and appear to be doing it on the other side as the Arizona governor eased occupancy limits statewide. Earlier this month, Gov. Doug Ducey announced he would rescind previous executive orders that limited the number of people …

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8 things to do after your PPP loan

You’ve got your PPP loan, spent it right, and hopefully you’re eligible for a full discount. Congratulations! And after? Here are six steps you can take right now, after your P3 loan, to ensure your business continues on the path to recovery. 1. Master your accounting If applying for PPP …

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More than half of SMEs use bounce loans to grow

More than half of UK businesses (55%) that took out a loan under the government-backed Bounce Back Loan Scheme (BBLS) used the money to adapt and grow, according to a new report from Enterprise Nation and Starling Bank. Research suggests that BBLS loans have played a role beyond survival in …

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