COVID-19

Blooming small business pivots to stay open during shutdown

Kansas City-based wedding florists Lily Williams and Betsy Ford are on a mission to express love through flowers. But over the past few months, the coronavirus pandemic has forced them to adapt their business and serve their community by filling orders for funerals instead of wedding celebrations.

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California business owner credits her community’s support for her reopening success

Two heads are better than one, and Mar Y Sol Alvarado and her husband Alfred are a clear example of this adage. As the owners of Alro Window Coverings—an installation service company in Mountain View, Calif.—Alfred brings his entrepreneurial knowledge to the table, matched with Mar’s business development experience from working in nonprofit organizations for more than 10 years.

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Small Business Majority Provides Written Testimony for Subcommittee on Diversity and Inclusion

Small Business Majority submitted written testimony for the record for the House Committee on Financial Service's Subcommittee on Diversity and Inclusion's, "Access Denied: Challenges for Women- and Minority-Owned Businesses Accessing Capital and Financial Services" hearing. The contributions of entrepreneurs of color and women to our local and national economies cannot be overlooked.

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PPP fails Florida solo-entrepreneur, but she continues to learn and grow

Lisa Romer King’s business plan was born while studying for her M.A. in Business Management when a professor tasked her with writing a business proposal. The assignment sparked something in Lisa and she decided she had to follow through on her idea and bring King's Professional Networking and Placement to life. 

For the past three years, Lisa has been running the business she dreamed of out of Lauderhill, Florida where she serves as a mediator, public notary, credit educator and business advisor to members of her community.  

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Small Business Majority supports Paycheck Protection Small Business Forgiveness Act

Small Business Majority submitted a letter to Senators Cramer, Menendez, Tillis and Sinema in support of the S. 4117, which would forgive all Paycheck Protection Program (PPP) loans under $150,000, ensuring small business businesses don't incur more debt during this economic crisis.

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Small Business Majority Survey: Small business owners continue to struggle despite PPP funds

Publisher: 
Small Business Majority
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Date: 
Wednesday, July 1, 2020

As the Paycheck Protection Program neared its expiration, Small Business Majority surveyed its national network of small business owners to better understand how businesses have benefited from PPP. The survey reveals a majority of small businesses have received a PPP loan, but many are still struggling with their overhead costs and will likely be forced to lay off their employees again once their funding runs dry. This is particularly true for small businesses owned by people of color. 

Georgia business owner struggles to host her community’s celebrations amid global pandemic

In the midst of a global pandemic and a severe economic recession, entrepreneur Adriane Anderson was forced to rethink her retirement plan.

A Georgia native and a lover of hosting gatherings, Adriane Anderson opened her event venue Bless the Occasion just last year. She knew she wouldn’t be able to retire comfortably if she continued to rely on her income working at Publix, a grocery store chain, so she embarked on her journey as a small business owner in 2015. She purchased an old home in Stone Mountain, GA, and remodeled the facility—a process that took about four years to complete, as she had to navigate zoning changes and permit requirements. Her business hosts little girls' tea parties, etiquette classes, baby showers, birthdays and small events of up to 50 guests. 

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Small Business Majority supports Georgia Medicaid expansion

Georgia Outreach Manager Rachel Shanklin submits a letter to Lieutenant Governor Duncan and Speaker Ralston in support of Medicaid expansion in the state of Georgia. This legislation would help lower costs for Georgia’s struggling small businesses and provide an important boost to the economy and rural communities.

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Small Business Majority requests transparency in PPP lending

On June 18, Small Business Majority called on U.S. Treasury Secretary Steven Mnuchin and Small Business Administrator Jovita Carranza to develop an oversight mechanism of the Paycheck Protection Program (PPP). In a letter sent to the Administration, Small Business Majority proposed a straightforward approach to collecting relevant borrower information, while making publicly available only the full data of the highest 15% of borrowers.

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