Lenders say they already have thousands of applications cued up, and some have developed technology to make it easier to file loan applications in the SBA’s computer systems.
coronavirus
Posted inElections, Local & State, News, Politics
Maine may struggle to claim federal pandemic funding for elections
The CARES Act would provide Maine with $3.2 million to cover extra election costs, but the Legislature can’t appropriate $658,000 in matching funds because it is not in session.
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Posted inSports
German soccer league’s plan to restart in May faces increasing opposition
A doctor says playing Bundesliga games without fans, continuous testing and permanent monitoring of players is not sufficient to guarantee the safety of those involved.
Posted inOlympics, Sports
Q&A for Tokyo Games: Many questions, few answers in face of pandemic
Even IOC President Thomas Bach says there is “no blueprint” in assembling what he called this “huge jigsaw puzzle” of rescheduling the Tokyo Games.
Posted inSports
FIFA wants to let teams use more substitutes during backlog
The proposal seeks to avoid injuries by letting teams use five substitutes instead of three in 90 minutes, and a sixth in knockout games that go to extra time.
Posted inHealth, Local & State, News
Mills expected to unveil reopening plan Tuesday, as Maine records another death
Gov. Janet Mills gave no timetable but said the first businesses to reopen will be those that can minimize direct interactions between employees and customers, and signaled that she will extend her stay-at-home order past April 30.
Posted inSports
Nadal doesn’t see tennis back soon, worried about injuries
Rafael Nadal says the nomadic nature of the sport, and the risk of injuries after a long layoff, will make it challenging to get tennis up and running again.
Posted inBusiness, Nation & World, News
More $1,200 stimulus checks are on the way. When will they arrive?
Because agencies keep separate systems, it took some effort to figure out how to automatically send payments to people receiving certain federal benefits, such as Social Security.
Posted inBusiness, Nation & World, News
Stocks rally worldwide as businesses consider reopening
With central banks and governments promising overwhelming amounts of aid for markets and economies, some investors say a repeat of the 2008 financial crisis is unlikely.
Posted inNation & World, News
Nations, U.S. states each chart their own path on reopening
Nations and U.S. states have been pursuing their own approaches, all with a common goal in mind: restarting their economies without triggering a new wave of infections.