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Mass. business shutdown extended until May 18

Most public life in Massachusetts will remain shut down until at least May 18, adding at least another two weeks to business closures as the state launches an effort to create a roadmap for a phased reopening amid the coronavirus pandemic.

Worcester entrepreneur pivots restaurant app amid COVID-19 crisis

Derek Canton has made a shift during the coronavirus pandemic from developing a restaurant app for dining rooms to one offering a safer and more secure method for takeout and delivery, he said during an interview on the WBJ Podcast.

SBA lender focusing on businesses initially ineligible for PPP funding in program’s $320B second round

In an interview for the WBJ Podcast, bankHometown President and CEO Robert Morton said the Oxford-based bank already had 250 loans totaling about $15 million lined up for when the second round of Paycheck Protection Program.

WBJ Podcast: bankHometown & the flurry of federal bailout applications

As the second round of Paycheck Protection Program funding is starting to be dispersed, bankHometown has 250 loans totaling about $15 million from customers who missed out on the first round.
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Groups ask for small biz help

A coalition of 74 organizations is asking the state to develop a small business relief and recovery program that would focus on the operations that are most vulnerable during the COVID-19 crisis, including those owned by immigrants, women and people of color and those located in rural areas, gateway cities and low-income areas.

🔒Takeout, delivery or nothing: Central Mass. restaurants and breweries face dilemmas over staying open and how to reopen dining rooms

The necessity of staying far apart from others has become clear to restaurateurs that habits will likely change long after dine-in eating returns.

🔒The new guide to business longevity, by multi-generational companies

Four multigenerational Central Mass. businesses owners underscore the importance of mixing up both their goods and their services, as well as an overwhelming willingness to adapt to customer requests and market demands.

Five Central Mass. biz owners honored as small business owners of the year

Five Central Mass. business owners will be honored during National Small Business week, as part of their receiving a number of Massachusetts small business owner of the year awards from the U.S. Small Business Administration.
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Nearly $180M in emergency SBA loans awarded to 17K Mass. businesses

The U.S. Small Business Administration approved 509 Economic Injury Disaster Loans for businesses dealing with COVID-19 fallout in Massachusetts, according to an April 20 update.

U.S. Senate approves another $320B for small business bailout program

The U.S. Senate on Tuesday approved an extra $320 billion in funding for the Paycheck Protection Program, the original $349-billion forgiveable loan program for small businesses impacted by the coronavirus pandemic, which ran out of money after less than two weeks.
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