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The Small Business Administration will stop requesting additional financial information for PPP loans greater than $2 million.(Twitter/Bloomberg)
The Small Business Administration (SBA) announced it will eliminate the loan necessity review for Paycheck Protection Program (PPP) loans of $2 million or more.
The announcement is a 180 degree turn for the agency. The SBA received widespread backlash in the early days of the pandemic for allowing publicly traded companies to receive PPP funds while small and minority businesses were ignored.
In its announcement the SBA added it will publish a FAQ on the subject soon. Carmen Calzacorta, an attorney with Schwabe, Williamson & Wyatt, told INC the change is “a time and money savings.”
The treats might be frozen, but Fort Wayne s reception to the Kona Ice franchise has been nothing but warm.
Now the owners are expanding their busine .
Press release content from Business Wire. The AP news staff was not involved in its creation.
Ruth’s Hospitality Group, Inc. Reports Fourth Quarter With a Return to Positive Net Income
March 5, 2021 GMT
WINTER PARK, Fla. (BUSINESS WIRE) Mar 5, 2021
Ruth’s Hospitality Group, Inc. (the “Company”) (NASDAQ: RUTH) today provided a business update on the impact of the COVID-19 pandemic and reported unaudited financial results for its fourth quarter and fiscal year ended December 27, 2020.
Business and Liquidity Update:
At the end of the fourth quarter of 2020, 91% (70 of 77) of company-owned and managed restaurants were open, which included 48 restaurants offering limited capacity dining service, three restaurants offering outdoor seating only, and 19 restaurants offering to-go and delivery service only. Beginning in the second half of November, the Company faced an increasing number of local COVID-19 pandemic-related governmental restrictions, including all of the Company�
0 megyn: this time tomorrow night we will be live in times square for our broadcast. tune in ats 9:00 p.m. coming up next on hannity, reince priebus, red of the rnc, he s not happy with that other network. have a great night, everybody. z. sean: tonight we re in theani heart of time conveyor? the fox broadcast tower. we have a jam-packed edition of the show. america, are you ready to roll? let s roll.f sean hannity says as soon aso i can get out, i m leaving. jon stewart begging little old me to stay in new york. sean: the question is, willyk i, should i? sean hannity is disgusted! we re all one happy family. sean: rand paul says the gop is just fine, but is it really true? the scarlettu johansson commercial banned from super bowl sunday.jo plus, another edition of ask sean coming your way. they can ask me anything, and i don t know the questions ahead of time. you don t know anything. i can t wait for this.up y sean: you ask, i m answer. i m 6-6. the last two
area, we will get next round in to the afternoon. pennsylvania is on the wet side this morning as well. if your travels are taking you to the north, be prepared for that. we are on the mild side coming in 66 degrees, frederick, also meyersville, 69 millersville, close to 70, we do have fog out there. see the humidity, 100% in meyersville and frederick. the air is saturated. take it easy as you head out and about. there have been accidents to report. this is hour by hour forecast, we have humid weather for this morning, this afternoon, 76 degrees, showers will be back around lunchtime, we have the chance for storms as we go in to 3:00 to 7:00 this evening with the temperature coming in around 78 degrees. ist going be a stormmy day on tap. keep it tuned here and two on our website. now a check of the time save traffic with loren cook. the rain is leading to a hectic commute. accidents across the region. harford county, a crab in bel air, on main street homestead across from t