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SBA Paycheck Protection Program runs dry, as expected
The Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund officially ran dry Thursday morning, as expected. “The SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding,” according to the SBA’s PPP page. Small businesses that receive the forgivable loans are allowed to [...]
Dairy farms worry about staying afloat during pandemic
With milk prices dropping to the lowest point in years during the COVID-19 pandemic, Virginia dairy industry representatives fear that as many as 30 to 40 of the commonwealth’s 450 dairy farms could be forced out of business by the end of the year. The dairy industry in Virginia has been in decline for several […]
Virginia coronavirus cases nearly reach 6,900
4:50 p.m., April 16 update: According to the Henrico County Health Department, another resident at Canterbury Rehabilitation & Healthcare Clinic has died. The number of fatal COVID-19 cases there is now 46. 1 p.m., April 16 update: The West Piedmont Health District, which covers the city of Martinsville and the counties of Franklin, Henry and Patrick, […]
SBA Paycheck Protection Program funds could run out by Thursday
The Small Business Administration’s (SBA) $349 billion Paycheck Protection Program (PPP) relief fund is expected to be exhausted by early Thursday. Since the application process for the fully forgivable loans opened on April 3, Virginia banks have been flooded with nearly 30,000 applications totaling $6.6 billion worth of requests from small businesses hurt by the […]
Coronavirus fund distributes $1M+ in grants to Central Virginia organizations
RICHMOND, Va. — Funds are being released from a collective, $4.2 million pool intended to help groups provide resources during the COVID-19 pandemic. Twenty-five regional organizations are receiving more than $1.1 million in grants. The grantees fall under four categories: safety net clinics, food access organizations, housing and education. The pool of money was created […]
Banks see online banking outages as stimulus checks drop
Some of the top banks in Virginia in terms of 2019 deposits reported issues with customers being unable to access their online banking accounts Wednesday — the same day that millions of Americans expected to receive federal stimulus checks of at least $1,200 deposited into their accounts. “Downtime for banking systems is so incredibly rare,” […]
Northam: Life may not return to normal soon
As Virginia remains under a stay-at-home order until June 10, Gov. Ralph Northam said Wednesday that even as restrictions ease, it’s not likely that life will return to the way it was until there is a vaccination or treatment for COVID-19. “Together we will figure out how to build a new normal,” Northam said during […]
Carilion Clinic furloughs workers, reduces hours
With its regular ambulatory and inpatient care declining by 40% to 70% during the COVID-19 crisis, Roanoke-based Carilion Clinic announced Tuesday it is furloughing employees to reduce expenses. It follows similar measures taken by other health care systems operating in Virginia including Bon Secours Mercy Health and Ballad Health. The number of employees who will be […]
Va. coronavirus cases top 6,000
3:40 p.m. April 14 update: The Virginia Department of Corrections reported the first confirmed COVID-19 death of an inmate Tuesday. According to a news release, a 49-year-old woman who was serving a nine-year sentence at the Virginia Correctional Center for Women in Goochland County died at the Virginia Commonwealth University Medical Center, where she was hospitalized […]
U.Va. coronavirus model sees Va. cases spiking in July, August
University of Virginia data modeling predicting the spread of COVID-19 in the commonwealth shows that if social distancing continues until June 10, cases will continue at a steady rate of a few hundred cases a day on average. Absent of any protective measures, however, the state would have seen the pandemic spiral out of control […]
Va. has 5,700+ coronavirus cases
4:50 p.m. April 13 update: In a news release, the Mount Rogers Health District in Southwest Virginia announced that there are now four fatal cases of COVID-19 in its district, including three over the past week. Officials said there is community transmission in Washington, Wythe and Smyth counties. Also, Canterbury Rehabilitation & Healthcare Center in Henrico […]
Battling coronavirus, Northam seeks faster release of prisoners
In light of the threat that coronavirus could pose to prison inmates, Gov. Ralph Northam has asked the state Department of Corrections to begin planning for the release of nonviolent prisoners with less than a year of time left to serve, the governor said during his Friday coronavirus news conference. When the General Assembly reconvenes […]
