The Small Business Administration’s Restaurant Revitalization Fund has more than $75 billion in applications and only $28.6 billion in funding — but help could be on the way.
Sen. Ben Cardin, D-Md., chairman of the Senate’s small Business Committee, said in a hearing Wednesday featuring SBA Administrator Isabel Guzman that the Senate’s leadership is mulling over fresh legislation for the program, including more funding. The grant program has received more than 362,000 applications since opening earlier in May.
“I’ve already alerted leadership that we need a vehicle to deal with this,” Cardin said, speaking of legislation to both fix small issues and obtain new funding. “And I know that the leaders’ office is looking at this now.”
US appeals court says lawsuit against Lebanese bank can proceed
A US court of appeals has ruled that cases against Lebanese commercial banks can be tried outside Lebanon, paving the way for more cases by depositors seeking to unlock their frozen funds. The court decision, issued on Thursday in a case brought by Lebanese depositors...
2023 Hyundai Elantra Hybrid will surprise you (review)
We are living in the age of cynicism, when everyone seems jaded, as if nothing surprises us anymore. So, when something does deliver more than you’d expect, it’s a genuine delight. Such is the case with 2023 Hyundai Elantra Hybrid Limited compact sedan, starting...
Our Businesses
Businesses We Endorse
Submit your event
We will be happy to share your events. Please email us the details and pictures at publish@profilenewsohio.com
Address
P.O. Box: 311001 Independance, Ohio, 44131
Call Us
+1 (216) 269 3272
Email Us
Publish@profilenewsohio.com