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Stories Tagged as

PPP loan

"We've taken the licks, and we've gotten back up," Baltimore cafe owner says

by Amy Scott and Richard Cunningham
Feb 14, 2022
Terence Dickson says his Terra Cafe stands for "Black awesome." After 12 years in business and many scars, "we're gonna keep it going."
Terence Dickson, owner of Terra Cafe in Baltimore, says he's been dealing with higher food costs, labor costs and supply shortages.
Courtesy Terra Cafe
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Bands are small businesses, too

by Andy Uhler
Jul 1, 2021
When the pandemic hit, Western swing group Asleep at the Wheel lost 75% of its income. So it cut expenses and applied for federal relief funds.
Ray Benson and Katie Shore — then Katie Holmes — of Asleep at the Wheel perform in 2014. Because the band is a small business, it received a PPP loan during the pandemic.
Karl Walter via Getty Images for Stagecoach
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COVID-19

How one small business pivoted when it couldn't get a PPP loan

by Justin Ho
Dec 22, 2020
A South Carolina media producer is among the companies rethinking their business models to address needs created by the pandemic.
Spencer Platt/Getty Images
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COVID-19

Businesses are taking out fewer bank loans

by Justin Ho
Aug 14, 2020
It could be a sign that businesses are holding back and that banks are worried about future defaults.
A view of the New York Stock Exchange in 2018.
Spencer Platt/Getty Images
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