$284 Billion Begins Flowing To Small Businesses On Monday - Honolulu Civil Beat
A program that has provided some $2.5 billion for Hawaii businesses begins its next phase next week. Reading time: 3 minutes.
Hawaii small businesses can tap into up to $284 billion in federal relief starting Monday, as the U.S. Small Business Administration restarts its Paycheck Protection Program with new rules designed to address criticisms of the initial program.
Firms that received loans under the first PPP program will be able to get second loans if they meet certain criteria.
The federal PPP program provided billions of dollars in loans to small businesses, as well as big players like the owner of the Moana Surfrider Hotel in Waikiki. Cory Lum/Civil Beat
S.F. mother, facing holidays without job or health insurance, feels pandemic s economic toll
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Mejia, a single mother, serves her son, Obed Mejia, 14, a snack in their apartment.Amy Osborne / Special to The ChronicleShow MoreShow Less
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Mejia was a dishwasher for Marriott until the pandemic hit and is about to lose health insurance for her and her two children.Amy Osborne / Special to The ChronicleShow MoreShow Less
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Photos of Reina Mejia Hernandez and her children in their San Francisco apartment.Amy Osborne / Special to The ChronicleShow MoreShow Less
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Mejia holds son Obed’s hand as they people-watch out the window of their apartment.Amy Osborne / Special to The ChronicleShow MoreShow Less
Even Hawaii s Smallest Businesses Have Been Helped By Federal CARES Act Loans - Honolulu Civil Beat
Even Hawaii’s Smallest Businesses Have Been Helped By Federal CARES Act Loans
Despite examples of corporate greed, the Paycheck Protection Program has steered $2.5 billion in relief to 25,000 small businesses in Hawaii. Reading time: 5 minutes.
For Ty Gurney, owner of his namesake surf school on Lewers Street in Waikiki, there’s been at least one bright spot in a tough year. Like thousands of Hawaii businesses, Gurney tapped into the U.S. Small Business Administration’s Paycheck Protection Program, which essentially provided free cash to thousands of small businesses.