The Humboldt County Board of Supervisors will be presented next week with a proposed budget for spending around $13 million in CARES Act funding it received, Lost Coast Outpost reports. According to the article, included in the proposal is the development of a “Business Restart and Recovery Program” to distribute grants to local businesses that […]
loans
Posted inNews
Tens of Millions in PPP Loans Flow into Humboldt
An across-the-board collection of hundreds of Humboldt County companies and nonprofits were among the recipients of a federal loan program meant to help small businesses keep employees on the payroll amid the COVID-19 pandemic, according to data from the Small Business Administration. The information, which we sorted by Humboldt County ZIP codes, shows tens of […]
Posted inNews
Paycheck Protection Program to Close to New Applicants Tomorrow
The North Coast Small Businesses Development Center announced that the Paycheck Protection Program (PPP) will close to new applicants tomorrow. “The Paycheck Protection Program closes to new applications TOMORROW Tuesday, June 30. If you haven’t yet applied, please note the PPP loan shuts down to new applications by the end of Tuesday, June 30. […]
Posted inLetters + Opinion
Don’t Bank on It
It looks like the California cannabis industry will remain largely a cash enterprise for the foreseeable future. The 18-member Cannabis Banking Working Group chaired by State Treasurer John Chiang issued a 151-page report detailing why creating a public banking system to accommodate the legal weed industry would be so expensive, difficult and legally iffy that […]