Good morning southern Colorado and here's what you need to know on your Monday morning.
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More than 46K small-biz loans approved in Colorado in second round of PPP
More than $3 billion is heading to Colorado to shore up small businesses affected by the COVID-19 slow down as the second round of the federal Paycheck Protection Program gets underway.In Colorado so far, 46,157 loans valued at little over $3 billion have been approved, according to data from the SBA. The government began processing loans on April 27.
Unemployment benefits could delay getting back to work
As businesses start to reopen their doors and use their Paycheck Protection Program money to keep employees on the payroll, some staff may decide to wait to return to work if they are making more on their unemployment benefits. News5 learned what the Pikes Peak Small Business Development Center recommends to try and maintain employees, even if they are making more off of unemployment benefits.
Windy today with a few Red Flag Warnings
Wind and fire danger are the two biggest stories in the forecast today. The wind speeds will blow between 15 to 30 mph with occasional gusts up near 40 mph in the afternoon, mainly along and north of the Palmer Divide. Fire danger remains high across the region, especially in and around Fremont County and the San Luis Valley.
The Review & Preview: What southern Coloradans need to know about COVID-19 this week
With so much information being announced daily about the COVID-19 pandemic, News5 has put together a review and preview of what is going on in southern Colorado as it pertains to the virus. Starting today, businesses will be able open with 50% capacity and our Elizabeth Watts will be doing a special Rebound story featuring The Hatch Cover, a well-loved bar and restaurant in southwest Colorado Springs.
Black Hills Energy outage impacts Pueblo customers Monday
Thousands of Black Hills Energy customers in Pueblo were experiencing a power outage Monday morning, according to the utility's website. Just before 5:20 a.m., Black Hills Energy said approximately 3,534 customers in the southwest Pueblo area were impacted by the outage. As of 6:15 a.m., 52 customers were experiencing the outage.
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