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Small Business

How the SBA’s new round of PPP loans works

It started with community financial institutions The U.S. Small Business Administration (SBA) and U.S. Treasury Department on Jan. 11 reopened the loan portal for the Paycheck Protection Program (PPP), the forgivable-loan initiative that seeks to help small companies survive the economic dislocations of the COVID-19 pandemic. This round of the PPP authorizes up to $284 billion toward

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Adirondack Railroad begins $30 million rail-line reconstruction project

UTICA, N.Y. — The Adirondack Railroad recently announced it has begun corridor reconstruction on rail lines from Snow Junction to the Tupper Lake station, a total of 84 miles of track. Tupper Lake will serve as the northern terminal, upgrading the existing railroad station, adding a yard to restore engines and locomotives, and building a

NUAIR’s new leader is “well known innovator” in UAS industry

SYRACUSE, N.Y. — Syracuse–based NUAIR describes its new president and CEO as a “well-known innovator and leader” within the unmanned aircraft systems (UAS) industry. The organization on Jan. 4 announced it has hired Ken Stewart as its new top official.  Stewart most recently served as CEO of Boston, Massachusetts–based AiRXOS, part of GE Aviation, NUAIR

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