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Author Archives: Justin Henry

Pennsylvania companies claim 4% of PPP loans, as pool quickly shrinks

More than $247 billion of the $349 billion Paycheck Protection Program (PPP) has been approved for use by American businesses as of Tuesday evening, according to the latest figures from the Small Business Administration, the federal agency overseeing the rollout of stimulus funds.More than $247 billion of the $349 billion Paycheck Protection Program (PPP) has been approved for use by American businesses as of Tuesday evening, according to the latest figures from the Small Business Administration, the federal agency overseeing the rollout of stimulus funds.

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Republican lawmakers challenge Wolf administration’s business closures

Republican state lawmakers are combating the Wolf administration’s shutdown orders with bill proposals they say would support small business owners while minding social distancing rules. Rep. Francis X. Ryan, R-Palmyra, asked Health Secretary Rachel Levine Wednesday to “reconsider [her] opposition to the legislation in the General Assembly” in advancing legislation that would ease closure orders on small businesses while observing ...

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CARES Act loans for small businesses available Friday

This $349 billion Paycheck Protection Program, a partnership between private lenders and the Treasury Department, is meant to cover eight weeks of small business costs and keep workers employed while the COVID-19 pandemic can be contained and the economy can recover, said Treasury Secretary Steven Mnuchin.

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