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Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

Small Business Grants

Thirty-two small businesses lost their bid for a preliminary injunction to void the Small Business Administration’s “per employee rule” which dictates that small businesses can receive Economic Injury Disaster Loan grants of $1,000 per employee up to $10,000 or $1,000 if they have no employees. The plaintiffs claim they are each due $10,000.

ORLANDO, Fla. — Thirty-two small businesses lost their bid for a preliminary injunction to void the Small Business Administration’s “per employee rule,” which dictates that small businesses can receive Economic Injury Disaster Loan grants of $1,000 per employee up to $10,000 or $1,000 if they have no employees. The plaintiffs claim they are each due $10,000. 

Categories / Business, Financial, Government

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