Stories tagged: "PPP"

Economy FILE - In this June 5, 2020 file photo, President Donald Trump poses for a photo after signing the Paycheck Protection Program Flexibility Act during a news conference in the Rose Garden of the White House in Washington. Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks to accept their applications. Or, they were disadvantaged by the program's terms. Data from the Paycheck Protection Program analyzed by The Associated Press show many minority owners desperate for a loan didn’t receive one until the PPP's last weeks. (AP Photo/Evan Vucci, File)
Economy Data Shows Business Owners of Color Waited Months for Loans

Close to 18% of companies received funding, nationwide. Less than 12% of Wayne County business owners received PPP loans.

Ellen Chamberlain Ellen Chamberlain Associated Press Associated Press January 4, 2021 5:17 pm EST
Education Photo courtesy Albion College
Education This Small Michigan College Landed Almost $20 Million During the Pandemic. Others Weren’t So Lucky.

While struggling public universities worry about fall enrollment, this mid-Michigan private college got CARES Act support courtesy Education Sec. Betsy DeVos.

Katelyn Kivel Katelyn Kivel July 29, 2020 11:57 am EDT
Economy In this Sept. 21, 2018, file photo, Mike Starkey offloads soybeans from his combine as he harvests his crops in Brownsburg, IN. The escalating trade war between the U.S. and China at that time caused anxiety among rural farmers and bankers. Upper Midwest soybean farmer Jamie Beyer said those were days of "a little bit of panic." Many farmers would probably say the same of these days as well. (AP Photo/Michael Conroy, File)
Economy Federal Aid Isn’t Reaching Michigan Farmers. Here’s What They Need to Survive.

Michigan farmers say President Trump's trade wars have set the stage for the extent of their financial hardships during the pandemic.

Martha Spall Martha Spall July 24, 2020 2:43 pm EDT
Economy Small business owners Rachel Lutz (L) and Nicole Jackson (R). Photos courtesy of Rachael Lutz and Nicole Jackson.
Economy The Latest Round of Michigan Grants Helps Farms, Nonprofits, and Small Businesses

Rachael Lutz is a promising proprietor in Michigan with several businesses – none of which were helped by the federal government's PPP. But this money can help entrepreneurs like her.

Ellen Chamberlain Ellen Chamberlain July 9, 2020 2:18 pm EDT
Money Image of Justice via public domain. Images of Chao and Kushner via Shutterstock
Money Billionaires, Trump Officials Receive PPP Loans While Many Small Businesses Are Left Out

PPP beneficiaries included billionaires, Trump administration officials, members of Congress, political donors, and wealthy financial institutions.

Keya Vakil Keya Vakil July 7, 2020 3:12 pm EDT

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Graphic by Denzel Boyd Coronavirus Michigan’s Daily Data: Where COVID Cases, Deaths, Recoveries, Vaccinations Stand Today
In this Friday, June 26, 2020 photo, U.S. District Judge Laurie Michelson, left, administers the Oath of Citizenship to Hala Baqtar during a drive-thru naturalization service in a parking structure at the U.S. Citizenship and Immigration Services headquarters on Detroit's east side. The ceremony is a way to continue working as the federal courthouse is shut down due to Coronavirus. The U.S. has resumed swearing in new citizens but the oath ceremonies aren't the same because of COVID-19 and a budget crisis at the citizenship agency threatens to stall them again. (AP Photo/Carlos Osorio) Immigration Biden’s Immigration Reforms Hit Home in Michigan, but the Work Isn’t Done
A finished clean room with stacked chairs in the science room at the Mildred Avenue K-8 School building in Boston's Mattapan, which were being cleaned for the reopening of school on July 9, 2020. Photo by David L. Ryan/The Boston Globe via Getty Images) Education Here’s the Mess Betsy DeVos Left for Incoming Education Secretary Miguel Cardona
college-pandemic-Cropped Education Michigan Reconnect Strives to Build Economic Power With Free Community College
Business Photos courtesy of Kim Smith
Business How One Local Grant Is Helping Michigan Businesses Left Out of PPP

The aid couldn’t come at a better time for businesses like one Detroit florist left out of the first round of federal protections.

Ellen Chamberlain Ellen Chamberlain June 23, 2020 4:48 pm EDT
Business Black PPP
Business ‘We Didn’t Receive Anything’: How Michigan’s Black Businesses Got Left Out of PPP

Nya Marshall of Detroit's IVY Kitchen + Cocktails and other Michigan Black business owners are working to stay afloat when federal funding passes them by.

Ellen Chamberlain Ellen Chamberlain June 8, 2020 5:27 pm EDT