New Hampshire gives $7.5 million to bus companies to resume service
New Hampshire is allocating $7.5 million in federal aid to three private bus companies so they can resume line service, mainly between New Hampshire and…
Senators introduce $10 billion CERTS Act to save bus and motorcoach industry
WASHINGTON, DC — Noting that the bus and motorcoach industry is an important link in the nation’s transportation network that has a major economic impact…
A case study in successfully implementing PPP: Annett Bus Lines keeps team together
The Paycheck Protection Program has been an anchor for the family-owned Annett Bus Lines in Sebring, Florida as the operator weathers the pandemic-triggered economic crisis.
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SBA gives latest information on the PPP and EIDL
Editor’s note: The answers to these questions reflect the latest information based on the guidance from the U.S. Treasury as 4/29/20.
President Donald Trump and…
House leaders consider loan fund for bus companies to secure essential service
WASHINGTON, DC – Today, House Ways and Means Chairman Richard E. Neal (D-MA) and House Transportation and Infrastructure Chairman Peter A. DeFazio (D-OR) requested that…
FlixBus focuses on helping partner operators during crisis
FlixBus suspended all U.S. routes on March 22 because of the COVID-19 pandemic, and affected riders were given vouchers valid for 12 months. Since…
What you need to know about taxes and your stimulus loans
There are tax implications for loans that are part of the CARES Act that could generate a bigger 2019 tax refund for your business, while…
PPP better than unemployment for paying workers
There’s been some understandable hand-wringing over whether to apply for the Paycheck Protection Program or let furloughed workers take advantage of unemployment benefits, which are…
What you need to know about PPP and EIDL
There is $349 billion in loans and grants in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which President Donald Trump signed into law…
Treasury Secretary makes last minute changes to PPP to assuage lenders
Leading up to today’s first opportunity that businesses may apply for relief through the Paycheck Protection Program, U.S. Treasury Secretary Steven Mnuchin has made last…