Tag: Small Business Administration
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Colorado’s Small Business Administration opens nomination period for awards
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The Small Business Administration’s Colorado district is accepting nominations for 2023 National and District Small Business Week awards. The agency will recognize a Small Business Person of the Year and a Small Business Exporter of the Year within the district. Winners will have the chance to move forward for regional and national recognition. A “Wall of Fame” awardee…
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Highlands Ranch man sentenced to more than 3 years in federal prison for improper use of COVID-19 relief funds
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save A judge on Thursday sentenced a Highlands Ranch man to more than three years in federal prison for fraudulently obtaining more than $800,000 in COVID-19 relief funds and using the money to pay for plastic surgery, a weight loss program and jewelry. Daniel Stonebarger, 50, will…
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Study: Colorado received $63 billion in COVID relief, stimulus
Colorado landed more than $60 billion in federal COVID-19 pandemic assistance and other funding during the past two years, according to a recent study by the Peter G. Peterson Foundation. The $63.6 billion in government cash, or more than $11,000 for each person in Colorado, came in stimulus checks sent to most Americans; a variety…
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Longtime Colorado Springs small business advocate named to SBA post
Aikta Marcoulier, who has grown the Pikes Peak Small Business Development Center into a key player in Colorado Springs, has been named to head the Small Business Administration’s regional office in Denver. She takes over May 23 as administrator of the agency’s Rocky Mountain regional office, which covers Colorado, Montana, North Dakota, South Dakota, Utah…
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The story, and the woman, behind Denver’s Maria Empanada
“You’re not bankable.” Those words sparked a fire in Maria Empanada founder Lorena Cantarovici. The Argentinian immigrant who began making empanadas in her garage with friends has not only proven she – and more importantly her business plan – is bankable, Cantarovici never misses an opportunity to help other small business owners succeed. “She’s someone…
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Denver man charged with fraud related to COVID relief loan
A 52-year-old Denver resident is facing fraud charges after authorities say he illegally obtained over $700,000 in COVID-19 relief loans and unemployment insurance. Anthony Zaghab, 52, appeared in federal court Thursday for an arraignment where he was charged with one count of wire fraud, according to a release from the U.S. Attorney for the District…
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Second round of PPP loans: What to expect
Colorado community banks last week started submitting a flood of applications from business owners looking to get a piece of the estimated $284 billion earmarked for the new round of the Paycheck Protection Program loans. Local banking officials said the second round of PPP, part of a $900 billion stimulus package Congress approved weeks ago,…
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Paycheck Protection Program reopens for Colorado businesses
The Small Business Administration’s Paycheck Protection Program began reopening Monday morning, providing additional financial resources for Colorado businesses. Community financial institutions can make First Draw PPP Loans beginning Monday and Second Draw PPP Loans beginning Wednesday, according to the Colorado Secretary of State’s Office. PPP loans will be made available to all participating lenders soon…