Cassandra Stephenson
Cassandra Stephenson
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More than 93K TN businesses approved for $8.9 billion in PPP loans: See which took the largest loans

More than 93K TN businesses approved for $8.9 billion in PPP loans: See which took the largest loans

Nashville TennesseanView CommentsMore than 93,000 Tennessee businesses have been approved for $8.9 billion in potentially forgivable loans from the federal Paycheck Protection Program, according to .Of these, 82,018 — nearly 88% — were approved for loans of less than $150,000. The remaining 11,269 were approved for loans between $150,000 and $10 million.Those receiving loans include prominent law firms, hospitals, universities, media organizations, charter schools, hotel operators, restaurants, well-known civic organizations and many more. Tennessee businesses received most of the...

July 7, 2020
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Unemployment claims in Tennessee reach 550,000 since start of pandemic

Unemployment claims in Tennessee reach 550,000 since start of pandemic

Nashville TennesseanView CommentsMore than 550,000 Tennesseans have filed for unemployment since mid-March, though the state's number of new weekly claims continues to slowly decline.In the week ending May 23, 26,041 Tennesseans filed new unemployment claims, the lowest number of new claims since the economic crisis caused by the coronavirus pandemic began to take hold in late March.Since March 15, an unprecedented 558,621 Tennesseans have filed for unemployment. Of those, 310,126 have continued to file weekly certifications for their claims, according to the Tennessee Department of Labor...

May 28, 2020
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