Caravan Magazine

A journal of politics and culture

SmallBusiness

Small Business Owners Sue Major Banks Over Alleged PPP Loan Bias

Small business owners are suing several major banks, including Bank of America, JPMorgan Chase, U.S. Bank, and Wells Fargo, accusing the financial institutions of unfairly prioritizing larger loan applications under the Paycheck Protection Program (PPP). The plaintiffs allege that the…

More Opportunities for Small Businesses in Federal Contracting

As Washington grapples with a record $14.3 trillion national debt, much of the focus this year has been on finding effective ways to reduce spending. With the newly formed congressional supercommittee tasked with finding $1.5 trillion in federal savings, it’s…