Newly public, Rover pays off $8M PPP loan that helped pet-sitting company survive pandemic Updated on Monday Aug. 9 with additional details. Not that long ago, Rover was on a very short leash. In… Read More
New data shows how much cash Seattle-area tech startups received in PPP loans The Small Business Administration released new data this week showing the exact amount of money companies received from the federal… Read More
Another Seattle-area resident charged for COVID-related relief fraud Federal authorities charged a Seattle-area man on Tuesday with one count of wire fraud after he submitted fake applications for… Read More
Seattle-area engineer pleads guilty for scheme to defraud COVID-19 relief programs Baoke Zhang, a 35-year-old software engineer based in the Seattle area, pled guilty on Thursday to one count of wire… Read More
Here are the Seattle-area tech companies that received a PPP loan from the federal government A number of Seattle-area tech startups received millions of dollars from the federal government to help get through the ongoing… Read More
Seattle-area software engineer charged for attempting to defraud CARES Act of $1.5M Baoke Zhang, a 35-year-old software engineer at ride hailing giant Lyft, is facing bank and wire fraud charges for what… Read More
Sports Illustrated publisher Maven will keep $5.7M PPP loan despite outcry against public companies Sports Illustrated’s publicly traded publisher, Maven, says it plans to keep and use a $5.7 million forgivable loan from the… Read More
Why these tech startups turned down millions of dollars in PPP loans from the federal government It’s not easy to turn down financial help from the government, especially during an economic crisis. But that’s exactly what… Read More
Publicly-traded Seattle tech stalwart RealNetworks receives $2.87M federal relief loan RealNetworks, the 26-year-old streaming media pioneer that recently pivoted to developing facial recognition technology, today disclosed that it has received… Read More
Startup survival: PPP loans provide lifeline for some, leave others frustrated and ‘helpless’ Rita Hansen was losing sleep and grappling with anxiety. Like many small business owners and startup CEOs, she spent the… Read More
Federal government’s $350B small business relief fund runs out of money in less than 2 weeks The $349 billion earmarked to help small businesses stay afloat during the coronavirus crisis ran out of money Thursday, less… Read More
