Business house owners can learn more about self-certifying as a small deprived business on the SBA’s website. Small business loan approval rates amongst numerous lenders have been on an upward trend over the previous few months, which is encouraging news for small companies seeking to borrow capital in 2022. Approval charges at credit unions held regular at 20.6% from October to November. The founder and CEO of Checkin.com, a tech platform that enables shoppers to sign up for manufacturers and companies online, shares what it took to show a profit — an elusive-yet-coveted milestone for a new business. Hundreds of people have been prosecuted for falsely acquiring taxpayer-backed funds from plans intended to help small companies through the pandemic, such as the Paycheck Protection Program.
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