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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 […]
The show must not go on
Abingdon’s Barter Theatre – the nation’s oldest Actors’ Equity Union theater – has closed the curtain on its spring season. The theater, which opened in 1933 during the Great Depression, announced March 19 it would furlough 87 of its employees, then days later furloughed six more. This left a skeleton crew of 11 to fun[...]
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[...]
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 du[...]
Number of Va. coronavirus cases now at 6,500; deaths near 200
The number of COVID-19 cases in Virginia is now at 6,500, according to the Virginia Department of Health’s Wednesday, April 15 update at 9 a.m., 329 more than reported Tuesday. The number of confirmed virus-related deaths is at 195, 41 more than 24 hours ago, and 1,048 people are now hospitalized with the virus. VDH […]
Roanoke apartments sell for $2.3M
The West End Flats apartments in Roanoke has sold for $2.3 million, Roanoke-based Waldvogel Commercial Properties Inc. announced Monday. The apartment complex includes 24 one-bedroom, one-bathroom apartments and A Few Old Goats microbrewery, which is located at 515 8th St. SW. The transaction closed on April 10. The property[...]
45 virus deaths recorded at Henrico County nursing home
Canterbury Rehabilitation & Healthcare Center announced Tuesday that the number of COVID-19 deaths among residents has risen to 45, including three fatalities over the past 24 hours. The Henrico County long-term nursing facility reported that 83 living residents have tested positive; many have shown no symptoms, but some are receiving care in regional hospitals or […]
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 […]
