Federal payday loans are now a must for millions of small businesses

RALEIGH, NC (WTVD) — Millions of small businesses have to budget for a new monthly budget in January. Repayment of federal loans issued during the pandemic is set to begin. Nearly 4 million small businesses and nonprofits across the country received billions in government loans during the pandemic. The money was given by the Federal … Read more

‘This is the last thing we need:’ Millions of businesses affected by the virus need to start paying back the debts of Covid | CNN Business

CNN — At Teddy & The Bully Bar near downtown Washington, DC, business has never been the same since the virus hit. “It’s very difficult,” manager Alan Popovsky said. “It will take me a while to climb the mountain. Probably for the rest of my life.” The disease closed two of Popovsky’s four restaurants in … Read more