Displaying items by tag: COVID19
The Biden administration on Monday announced a series of changes to the Paycheck Protection Program that are aimed at improving access to federal COVID-19 relief loans for small and minority-owned businesses.
HOLLAND — Macatawa Bank Corp. increased earnings in the fourth quarter, although full-year results declined from the prior year.
Michigan small businesses were approved for more than $1.5 billion in federal loans during the first two weeks of the new Paycheck Protection Program the U.S. Small Business Administration launched earlier this month.
KALAMAZOO — Stryker Corp.’s sales grew 3.2 percent in the fourth quarter amid a resurgence of COVID-19 infections that affected market demand for elective medical procedures.
Statewide business groups announced their support today for House Republicans’ COVID-19 spending plan that’s a rebuttal to Gov. Gretchen Whitmer’s $5.6 billion plan unveiled last week.
Gov. Gretchen Whitmer announced Friday that restaurants and bars can resume indoor service on Feb. 1 with a 25 percent capacity limit and 10 p.m. curfew.
GRAND RAPIDS — Mercantile Bank Corp. ended 2020 with higher quarterly earnings despite the ongoing costs and economic turbulence from the COVID-19 pandemic.
The Michigan Economic Development Corp. plans to open applications next week for the $58.5 million in grant funding to aid small businesses and entertainment venues that were closed or curtailed by the most recent state-ordered restrictions in response to the COVID-19 pandemic.
GRAND RAPIDS — Events are planned to slowly return to Grand Rapids’ downtown venues with ramped up safety guidelines, starting with crowdless Grand Rapids Griffins games and Grand Rapids Symphony performances.
The U.S. Small Business Administration begins taking applications next week for the new round of forgivable Paycheck Protection Program loans to aid small businesses ailing from the COVID-19 pandemic.